🚀$UNI /USDT – Breaking Out or Faking Out? Short-Term Bulls Taking Control🔥🔐👇
Current Price: $7.878 – $7.882
Timeframes: 1H & 4H
Trend Bias: Bullish Momentum Strengthening
📈 1H Chart Highlights:📊
✅ $UNI Price has broken above key resistance at $7.80 with strong bullish candles
✅ Trading well above both 20 EMA ($7.664) and 50 EMA ($7.562) = short-term trend strong
✅ RSI: 64.62 – bullish zone but approaching overbought
✅ MACD: Bullish crossover confirmed, with expanding histogram
📌 Consolidation breakout pattern – now retesting near $7.88 with signs of follow-through
🕓 4H Chart Confirmation:📊
🟢 Bullish engulfing candle breaking out from EMA compression zone
🟢 EMA 20 & 50 are flattening out, indicating a possible trend reversal
📊 MACD: Confirming bullish crossover with histogram turning green
📈 RSI: 59.36 – momentum still has room before hitting overbought
📍 This move above $7.80 puts $8.20 and $8.40 back in play as medium-term targets
📍 Key Technical Levels:🔑
Resistance: $7.95 → $8.20
Support: $7.66 → $7.50
Breakout Confirmation: Close above $7.95 on 4H
📊 Trade Strategy (Bullish Bias):🔥
🔹 Entry Zone: $7.75–$7.80 (retest buy)
🎯 Target 1: $8.20
🎯 Target 2: $8.45
⛔ Stop Loss: Below $7.50
🧠 “A breakout is only valid if it holds on retests. Volume + candle strength = confirmation. Watch $7.95 closely!”
📛 Not financial advice. Please DYOR before trading.
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