🚀 Analysis and forecast for $UNI : Is it time to exit? 📈
As of May 21, 2025, 09:46 EEST, the rate $UNI on Binance is $6.49, with a 9% increase in the last 24 hours. Daily trading volume reached $262.11M, and market capitalization is around $3.89B (according to market data). The increase is linked to activity in the Uniswap ecosystem, including rising TVL and interest in DeFi, which is being discussed in the network.
Technically, $UNI demonstrates bullish momentum. On the 4-hour chart, the price has broken the resistance at $6.30, and the RSI (14) at 68 is approaching the overbought zone. Key levels: support at $6.20, resistance at $6.70. A breakout above $6.70 could push the price to $7.00, but a drop below $6.20 would increase pressure towards $5.90. Analytics indicate a strong upward trend supported by the 50-day moving average.
Forecast: In the short term (by the end of May), UNI could reach $6.80–$7.00 if momentum is maintained. By July 2025, a correction to $6.00 is possible due to overbought conditions. The long-term target for 2026 is $9.00–$10.00 if the ecosystem continues to grow with new updates and partnerships.
Is it time to exit? After a 9% increase and a current price of $6.49, taking some profits seems reasonable, especially considering the RSI. Set a stop-loss at $6.10 for protection. For long-term investors, holding with a target of $6.80 is justified, but keep an eye on volumes and news. The market is volatile, and overbought conditions may trigger a pullback. Proceed with caution! #UNI #Binance #CryptoAnalysis
