$UNI /USDT LONG TRADE SIGNAL – BULLISH MOMENTUM BUILDING ABOVE SUPPORT
Uniswap ($UNI/USDT) is showing strong bullish momentum after a significant 15.73% daily surge, currently trading at $8.25. The price recently touched a 24h low of $7.00 before bouncing back sharply to test resistance near $8.67. This sharp reversal is supported by high trading volumes, with 26.4M UNI and 209.98M USDT exchanged in the past 24 hours.
🔍 Technical Highlights:
Support Zone: Around $8.00–$8.20, where price is currently consolidating.
Resistance Zone: Immediate resistance lies at $8.67, the 24h high.
Trend Outlook: Despite a minor -0.73% dip on the 15-min chart, the macro trend remains bullish on higher timeframes (4h+).
Performance:
7 Days: +24.08%
30 Days: +19.22%
90 Days: +41.64%
📈 Trade Signal:
Given the bullish recovery and strong 7–90 day performance, $UNI/USDT presents a Long Trade Signal. A breakout above $8.67 with confirmation on volume could pave the way for a move toward $9.20+ in the short term.
> Risk Note: A breakdown below the $8.00 support could invalidate this setup and shift the sentiment back to neutral/short-term bearish.
Stay alert, use tight stop-losses, and monitor volume closely!
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