๐จ $UNI /USDT โ DeFi Darling or DeFi Danger? ๐ง ๐ฅ
$UNI just dropped -7.33% to $6.87 โ now testing a major support zone. Is this a healthy dipโฆ or is more downside ahead? Letโs break it down ๐
๐ Market Overview
๐ Current Price: $6.87
๐ 24h High: $7.42
โ๏ธ 24h Low: $6.69
๐ Parabolic SAR: ~$6.62 (Bearish trend active)
๐ MACD Momentum:
DIF/DEA: Bearish crossover forming
MACD Histogram: Weak momentum, still favoring sellers
๐ RSI (6): 46.34 (Neutral zone, leaning bearish)
๐ Moving Averages (Trend Watch):
MA(7): 6.834
MA(25): 6.988
MA(99): 7.409
๐ UNI Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If UNI Holds Above $6.69):
Entry: Above $6.90
Targets: $7.20, $7.48, $7.77
Stop-Loss: $6.62
๐น Bearish Scenario (If UNI Breaks Below $6.62):
Entry: Below $6.62
Targets: $6.30, $5.95, $5.60
Stop-Loss: $6.90
๐ Should You Hold or Sell?
โ Holding above $6.69 could trigger a bounce
โ ๏ธ MA(25) & MA(99) above price = trend resistance intact
๐ Momentum indicators suggest caution before re-entry
๐ก Pro Tip:
Watch for volume spike above $6.90 โ thatโs your signal bulls are back.
Failure to hold $6.62 could open the door to deeper correction below $6.30.
๐ข UNI fam, are you buying the dip or waiting lower? Letโs talk in the comments!
๐ฅ LIKE & SHARE to get ahead of the next DeFi breakout! ๐