🚨 $UNI /USDT – Breakout Incoming or Overbought Trap? 🔥
#Uniswap ($UNI) is showing strength, up 1.22% and pushing near recent highs. With RSI entering overbought territory, is this the start of a major breakout or a setup for a pullback? Let’s analyze! 👇
📊 Market Overview
📍 Current Price: $6.65
📈 24h High: $6.786
❄️ 24h Low: $6.237
📊 Moving Averages:
MA(7): $6.511
MA(25): $6.539
MA(99): $6.317
📊 RSI(6): 70.85 (Overbought zone – caution advised)
📉 MACD: Not clearly directional – needs confirmation
📊 24h Volume:
UNI: 11.68M
USDT: $76.22M
📈 UNI Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If UNI Holds Above $6.50):
Entry: Above $6.70
Targets: $7.00, $7.20, $7.50
Stop-Loss: $6.35
🔹 Bearish Scenario (If UNI Falls Below $6.35):
Entry: Below $6.35
Targets: $6.10, $5.85, $5.60
Stop-Loss: $6.70
🔍 Should You Hold or Sell?
✅ Price is trending above all major MAs—bullish structure intact
⚠️ RSI at 70+ = potential for short-term cooldown
📉 MACD not fully aligned—wait for a momentum shift or volume confirmation
💡 Pro Tip:
🚀 A clean breakout above $6.80 with volume could push UNI toward $7.50+
⚠️ Failure to hold $6.50 may lead to a retest of $6.10
📢 Are you riding the UNI wave or playing it safe? Let’s talk strategy in the comments! 👇
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