UNI Price Prediction: Bears Test Support at $4.28 Amid Whale-Driven Long Positioning

UNI has been experiencing a decline in price, dropping nearly 5% in 24 hours and trading below its 7-day moving average. The momentum picture is warning of exhaustion, with MACD completely flatlined.

Despite this, the medium-term trend remains structurally bullish, with UNI trading above major moving averages on a daily basis. However, the short-term tape is leaking, indicating distribution is occurring.

The 12.4% OI surge and whale-heavy long positioning hint at a coiled squeeze setup. Whales are positioned long, anticipating a sweep of $4.28 support before a reversal. The aggressive sell flow is potentially engineered to wash out weak hands below $4.35, triggering stops, then reversing hard.

The bear case triggers on a clean daily close below $4.28, opening the door to $4.16 within hours. Below that, there is essentially nothing meaningful until SMA20 at $3.89, a full 11% lower from current price.