$UNI stuck at 7.4, neither up nor down. This market is really frustrating!
This UNI moves like a snail, and the fluctuations are making people sleepy. Can it even move today? Should we charge or lie down?
Watching this UNI today is making people yawn. The price is stuck at 7.42 and hardly moves; it only fluctuated by 1% in the morning, and after all that, it dropped by 0.5%.
In the morning it peaked at 7.47 but then softened, dropped to 7.39 and bounced back, there's no difference from just jumping in place. Looking at the technicals, 7.5 above is a solid resistance level; any touch gets hit hard;
Below, 7.38 seems to provide some support. The trading volume is pitiful, just 1.19 million, as cold as an ice cave, hardly anyone is participating.
The MACD is just a dry straight line, neither bulls nor bears have the strength to fight. In my view, this market is like a chicken rib; if it can't break 7.5 upwards, don’t expect a big surge. If it breaks down through 7.38, be careful of a waterfall.
I’m absolutely not touching it right now; either wait for a volume breakout or wait for a clear MACD golden cross or dead cross signal. Keep an eye on these two key points, 7.5 and 7.38; only a breakthrough or breakdown counts as having potential. Right now, one word: wait!
Opportunities are fleeting, a pullback is imminent, bottom fishing for spot, altcoins with high profits are waiting for you! Doubling your investment is not a dream; click on my avatar to follow me, join in the bull market feast!