Analysis of Currency $UNI :
Weekly Bullish Reversal Pattern
The currency $UNI (Uniswap) shows a strong bullish structure on the weekly time frame:
🔹 Price Action:
The currency has formed a descending wedge pattern followed by a rounded bottom pattern - both represent a strong reversal signal.
Support has been established at the 5.00-5.50 $ area, which is now a demand zone.
📊 Current Price: ~6.15 $
💡 As long as the price stays above the breakout area of the wedge pattern and the rounded bottom support, the bullish trend is likely to continue.
🎯 Upside Targets:
First Target: 11.682 $
Second Target: 14.924 $
Final Bullish Target: 18.266 $
A weekly close above 7.00 $ will confirm medium to long-term bullish momentum.