UNI Bear Case Triggers on $4.28 Support Break

UNI has been under pressure in recent hours, losing nearly 5% of its value over the past 24 hours and trading below its 7-day moving average.

The token's momentum has stalled, with MACD completely flatlined, while the Relative Strength Index (RSI) is overbought at 60. The Bollinger Band positioning also indicates that UNI is running in the upper half of its range, suggesting a volatile setup compressed into a tight range.

However, a 12.4% surge in open interest and whale-heavy long positioning hint at a coiled squeeze, where smart money is anticipating a sharp reversal.

The technicals are sending mixed signals, but one dominates: the medium-term trend is structurally bullish, despite the short-term tape leaking.