Here is the technical analysis for Uniswap (UNI) suitable for publication:
🔍 Technical analysis for Uniswap (UNI)
💵 Current price: $7.34
📉 Change percentage (last hour): -0.51%
⏱️ Time frame: One hour
📊 Classification: Decentralized Exchange (DEX)
The UNI token has experienced a gradual downward movement from the level of $7.38 down to $7.28, but it has recently rebounded clearly upward, indicating the possibility of the beginning of a corrective upward wave.
📉 General trend (short-term): Corrective upward after a moderate decline.
📌 Nearest support: $7.28
📌 Nearest resistance: $7.38
📈 Future outlook:
If the price consistently exceeds the level of $7.38, we may see an extension of the rise towards the areas of $7.45–$7.50. However, breaking $7.28 again may reapply negative pressure on the price.
🧠 Strength point of UNI: Uniswap is considered one of the most important decentralized trading protocols, making it highly reliable with relatively good long-term performance in the market.
⚠️ Advice: The market is volatile in the short term, so make sure to use a stop-loss on any short-term trade.
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