$UNI / USDT –
This chart is defined by a single event: a sharp liquidity expansion from the 3.22 base into 4.57, followed by immediate rejection. That vertical candle is not trend continuation it’s liquidity being taken above a thin range.
After the spike, price sold off aggressively and has now compressed back around 3.40–3.45. That tells you two things:
first, late buyers at the highs are trapped; second, price is back inside the prior value area.
Structure on the 1H is neutral to weak. The impulse high at 4.57 stands as clear buy-side liquidity already cleared. Since then, we’ve seen lower