UNI is once again bouncing from a key support zone that’s held strong multiple times since mid-2022. Every time price touches this zone, buyers step in — and we’re seeing that same reaction now.
At the same time, UNI is still trading below a long-term descending resistance line, which has been capping upside moves.
For now, the support is doing its job. If the bounce continues and price starts pushing toward the resistance line, we could see a strong move ahead
DYOR, NFA