UNI primeUNI is prime for a move up, 4 h and daily timeframe starting to look oversold. Local HnS formed. Waiting for the breakout of the HnS and the descending wedge.
The most interesting part of UNI price action is the volume of the last few bars. The volume was extremely high which suggest sellers are locally exhausted, they tried to push the prices lower without succeeding creating an imbalance of supply and demand.
I am expecting higher prices with the targets highlighted in the chart.
Also, this high volume is on strong support, which reinforces its strength and the bullishness of the signs.
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