The post UNI Technical Analysis Jan 23 appeared on BitcoinEthereumNews.com. UNI is currently trading at $4.86 and is quite close to the $4.77 support, which is The post UNI Technical Analysis Jan 23 appeared on BitcoinEthereumNews.com. UNI is currently trading at $4.86 and is quite close to the $4.77 support, which is

UNI Technical Analysis Jan 23

UNI is currently trading at $4.86 and is quite close to the $4.77 support, which is the intraday low. Under downtrend pressure, RSI at 36 is approaching the oversold region, carrying short-term recovery potential, but the $5.26 resistance is critically important.

Current Price Position and Critical Levels

UNI has experienced a 24-hour drop of %1.58 to $4.86 within the overall downtrend structure. The price continues to stay below EMA20 ($5.30), giving a bearish short-term signal. The Supertrend indicator points to $5.84 resistance, while a total of 12 strong levels have been identified across 1D/3D/1W timeframes: 2 supports/2 resistances on 1D, 2 supports/1 resistance on 3D, and 2 supports/4 resistances on 1W confluences. This MTF confluence strengthens the levels. Volume remains low at $83M, indicating that big players are waiting for liquidity hunting. The price is trapped in the $4.77-$4.95 range, and a breakout is expected.

Support Levels: Buyer Zones

Primary Support

$4.7732 (Strength Score: 61/100) – This level stands out as the 24-hour low and forms a strong order block (OB) on the 1D timeframe. Why important? Historically tested twice (early January and yesterday), rejected each time with volume increase. It coincides with 1D EMA50 ($4.78), signaling that buyers see this as a liquidity collection zone. It overlaps with 3D support in multi-timeframe analysis. As price approaches here (only %1.8 away from current $4.86), long wicks and volume spikes should be expected. A break could clear liquidity for stop hunting.

Secondary Support and Stop Levels

$4.5360 (Strength Score: 73/100) – The strongest support zone, showing confluence with 1W supply/demand zone and Fibonacci 0.618 retracement level. Why critical? Tested 4 times in the last 3 months, each test delivering %5+ bounce (e.g., end of December 2025). 3D OB and high-volume buyer traces are present. As secondary support, if $4.7732 breaks, this becomes the main buyer zone. Invalidation level below $4.50 – if broken, downtrend accelerates toward $3.0750 target (1W low). $4.50 recommended for stop-losses, with 1:3 R/R potential.

Resistance Levels: Seller Zones

Near-Term Resistances

$5.2675 (Strength Score: 62/100) – Short-term first resistance, almost exact confluence with EMA20 ($5.30). Why important? Rejected twice in the last 48 hours on 1D, indicating sellers collecting liquidity here. Volume decrease observed; volume confirmation required for breakout. Price is %8 above $4.86, recovery may remain limited to here. Breakout should be confirmed with bullish engulfing on 1H/4H.

Main Resistance and Targets

$5.8423 (Strength Score: 62/100) – Main resistance at Supertrend and 1W EMA200 confluence. Historical tests: rejected 3 times (November-December 2025), triggering %10+ drops each time. Strengthened by 4 resistance confluences on 3D/1W. Upside target $6.7898 (1D extension), but $5.84 breakout required to reach it. Confirmation with close above $5.90 expected; otherwise, fakeout risk high.

Liquidity Map and Big Players

Big players (smart money) may be targeting liquidity below $4.77 (stop-loss clusters) – full of equal lows. Above, sell-side liquidity between $5.26-$5.84 (take-profits). With price trapped at $4.86, a $4.77 sweep (clearing) is expected for downtrend continuation. Then, pullback to $4.53 and bounce setup may form. Per volume profile, $4.77 has high POC (point of control), buyers strong here. Imbalances on 1W above $5.84, breakout could pull liquidity upward. Overall map: Bearish bias, but RSI oversold offers short squeeze potential.

Bitcoin Correlation

BTC at $89,215 in downtrend (%0.84 drop), Supertrend bearish. UNI correlates %0.85 with BTC; if BTC loses $88,426 support (imminent), UNI accelerates below $4.77. Critical BTC levels: Supports $88,426 / $86,646 / $84,681; resistances $90,370 / $92,306. BTC dominance rise crushes altcoins – current bearish BTC red flag for alts. BTC close above $90k greenlights UNI to $5.26; otherwise, $4.53 test inevitable. Watch: BTC 4H rejection at $89k.

Trading Plan and Level-Based Strategy

Bullish Scenario: Bounce from $4.7732 + $5.2675 breakout (with volume confirmation). Targets: $5.8423 (1R), $6.7898 (2R). Stop: $4.70. R/R 1:4. Ideal for UNI Spot Analysis.
Bearish Scenario: Break of $4.7732. Target: $4.5360 (1R), $3.0750 (3R). Stop: $4.90. R/R 1:5. UNI Futures Analysis short opportunities.
Neutral: $4.77-$5.26 range trade. This outlook is for educational purposes; apply your own risk management. MTF confluence and volume confirmation required.

This analysis uses Chief Analyst Devrim Cacal’s market views and methodology.

Senior Technical Analyst: James Mitchell

6 years of crypto market analysis

This analysis is not investment advice. Do your own research.

Source: https://en.coinotag.com/analysis/uni-support-and-resistance-levels-critical-points-for-january-23-2026

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