$UNI CONSOLIDATING: BREAKOUT IMMINENT?
UNI/USDT is currently trading at $7.306, up +0.55% as it consolidates near key resistance levels. Uniswap shows signs of accumulation with potential for a significant directional move.
Key Levels to Watch
Resistance: $7.350 - Breaking above could propel UNI toward $7.400 and $7.450
Support: $7.289 - Losing this level may trigger a drop to $7.250 and $7.200
Trade Setup - Coiled for Action!
Bullish Scenario
Entry: Confirmed break above $7.350
Target 1: $7.400
Target 2: $7.450
Bearish Scenario
Entry: Break below $7.289
Target 1: $7.250
Target 2: $7.200
Monitor volume closely for breakout confirmation. Volume at 9.81M UNI shows moderate activity - a volume spike above average could signal the next major move.