UNI Technical Analysis Feb 4

UNI is signaling in the oversold region with RSI 25.64, but MACD negative histogram and position below EMA20 confirm the downtrend momentum; short-term bounce potential looks limited.

Trend Status and Momentum Analysis

UNI is currently trading at 3.86 dollars and showing a slight 0.36% decline over the last 24 hours. The daily range is stuck between 3.70-4.03 dollars, with volume remaining at a medium level of 158.40 million dollars. The overall trend continues as downtrend, the Supertrend indicator gives a bearish signal, and the 4.85 dollar resistance is prominent. In terms of momentum, short-term weakness prevails; the price continues to stay below EMA20 (4.53 dollars), reinforcing the bearish short-term structure. Volume confirmation is weak, meaning no accumulation signs in the downtrend, and distribution pressure is felt. Multi-timeframe (MTF) confluence shows 10 strong levels: 1D with 1 support/3 resistance, 3D with 0 support/2 resistance, 1W with 2 support/4 resistance weighted. This structure confirms that momentum is under downward pressure.

RSI Indicator: Buy or Sell?

RSI Divergence Analysis

RSI(14) is currently at 25.64 and positioned in the classic oversold region (below 30). This indicates that momentum is approaching exhaustion and could set the stage for a potential short-term reversal. However, no regular bearish divergence is observed; as the price makes lower lows, RSI is also testing similar low levels, meaning the downtrend momentum remains intact. There is also no clear hidden bullish divergence signal in the search; in recent swing lows, RSI dipped around 25, deepening the oversold condition. Under these conditions, RSI should rise above 30 and await momentum confluence to generate a buy signal; currently, the picture supports selling momentum.

Overbought/Oversold Regions

The oversold region (20-30 range) was triggered by the price approaching the 3.70 support. Historically, UNI RSI levels below 25 have led to 5-10% bounces but can turn into false recoveries in strong downtrends. With volume remaining low, the oversold bounce may stay weak; if the 3.6967 support (score 82/100) breaks, RSI will drop to 20 and momentum will weaken further.

MACD Signals and Histogram Dynamics

MACD is in bearish mode, with the signal line crossover completed downward and the histogram expanding in the negative region. Histogram bars have grown recently, confirming increasing selling momentum; the distance from the zero line emphasizes the downtrend’s strength. In terms of divergence, the MACD line is making synchronized lows with the price, with no bullish signal. Short-term selling pressure will continue unless histogram contraction occurs unexpectedly. Even if the 4.05 resistance (score 64/100) is tested, the MACD histogram will show resistance.

EMA Systems and Trend Strength

Short-Term EMAs

The price continues to stay below EMA20 (4.53 dollars), exhibiting short-term bearish ribbon dynamics. There is no squeeze between EMA8 and EMA21, the ribbon is downward sloping, and the squeeze indicator measuring trend strength signals weak momentum. While the price approaching EMA20 could offer a bounce opportunity, low-volume movements will be temporary.

Medium/Long-Term EMA Supports

Medium-term EMA50 and EMA100 levels are forming resistance in the 5.00+ band, while long-term EMA200 is around 6.50. Ribbon dynamics support the downtrend, and momentum weakness increases as the price moves away from these levels. In trend strength measurement, the EMA ribbon width has not narrowed, preserving selling dominance.

Bitcoin Correlation

BTC is down 2.90% at 76,011 dollars and in downtrend; Supertrend bearish, supports at 75,692-72,983-61,211 dollars. UNI is highly correlated with BTC (%0.85+), and BTC’s failure to break 77,830 resistance leads to momentum loss in altcoins. Rising BTC dominance is pressuring UNI; if BTC falls below 75k, UNI will test 3.70 support, and for upside above 81k+, follow UNI Spot Analysis and UNI Futures Analysis.

Momentum Outcome and Expectations

Momentum confluence is bearish: even though RSI is oversold, MACD histogram expansion, price below EMA, and BTC downtrend dominate the selling direction. Short-term outlook is weak, 3.6967 support is critical; a break would lead to bearish target 1.7776 (score 22). In a bullish scenario, 5.7386 (score 10) is distant, requiring RSI above 40 and MACD contraction. Without volume increase, momentum won’t change, and downtrend will continue. Observation: 4.05-4.23 resistances (scores 64/61).