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$UNI has already broken below the rising trendline support, and now price is struggling to reclaim that level.
At the same time, UNI is trading below the major moving averages, which keeps the short-term structure weak. RSI is also staying near the lower zone, showing weak momentum from buyers.
Right now, the $3.30–3.35 area is acting as resistance.
Unless UNI reclaims this zone and moves back above the broken trendline, the chart still looks bearish and we could see another move toward the lower support around $2.65.
For now, bears are still in control.
#UNI

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