UNIUSDT: bullish spike toward $3.50

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UNIUSDT: bullish spike toward $3.50UNI / TetherUSBINANCE:UNIUSDT3CommasThe Macro Picture 🗺️ One week ago, UNI sat at $2.55 in the post-capitulation reflex phase, and the read on this chart called for a rejection at the $2.90–$3.00 supply flip with continuation lower. Price had other ideas. Instead of failing at the flip, it punched directly through — closing decisively above $3.00 with RSI surging from deep oversold near 22 to above 55 in eight sessions. The capitulation low at $2.40 is now confirmed as a structural sweep rather than a continuation signal, and the broken Range Floor that flipped to ceiling on the way down has been reclaimed on the way back up. The macro descent from $6.50 has ended, and the chart is now in regime-change territory. The Setup ⚙️ The Sweep: The $2.40 print on June 6 cleared every stop sitting below the $2.90 macro floor in a single capitulation move. What looked like the start of a deeper bearish leg now reads as the textbook liquidity hunt that marks the end of the descent — over-leveraged shorts piled in at the lows and got trapped by the rally that followed. The Reclaim: The reclaim of $3.00 was impulsive, not mechanical — long bullish candles with momentum confirmation, not the slow drift that typically defines a dead-cat bounce. RSI crossing back above 50 with the signal line beginning to curl upward seals the momentum reset. The Retest: Price now sits at the upper edge of the $2.90–$3.00 flip pocket, where the broken floor that became ceiling on the way down desperately needs to be retested as the new support on the way up. A clean defense of $2.95 with absorption candles confirms the flip and frees the path toward $3.50. The Roadmap: Primary target sits at $3.50 — as indicated by the white projection, the path of least resistance points toward the April–May mid-resistance once the supply flip retest holds. Invalidation: a sustained daily close back below $2.85 would invalidate this bullish thesis and reopen the path toward the capitulation low.