📈 $UNI /USDT (Perpetual) Market Snapshot
Here's a technical breakdown of the Uniswap (UNI) Perp contract based on the data you've provided:
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🔍 Market Summary
Last Price: $6.926
Mark Price: $6.928
24h Change: +10.13%
24h High / Low: $7.106 / $6.021
24h Volume:
UNI: 77.70M
USDT: $509.43M
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📊 Technical Indicators
Short-term Moving Averages (Volume Weighted):
MA(5): 688,789
MA(10): 696,313
Price is trading above both → confirms upward momentum.
Current Price Action:
Price is testing resistance around $7.10, the 24h high.
Support appears around $6.70–$6.79, where volume clusters exist.
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✅ Trading Strategy Suggestion
🧠 Setup: Breakout & Retest
This looks like a momentum breakout setup. You can trade either continuation or pullback.
🎯 Entry Options:
1. Breakout Entry: Above $7.11 (clear 15m–1h candle close)
2. Pullback Entry: Retest zone between $6.70–$6.80 with strong bounce confirmation
🛡️ Stop-Loss:
Conservative: Below $6.70 (below minor support zone)
Aggressive: Below $6.50
🏁 Take Profit Targets:
TP1: $7.40 – psychological round level
TP2: $7.75 – March/April supply zone
TP3: $8.20 – fib extension from the last major leg ($6 → $7)
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⚠️ Watch Out For:
High volume wick rejections near $7.10+ could signal profit-taking
If price fails to close above $7.10 and loses $6.70 support, expect range reversion
Would you like a chart image showing the breakout zones and entries, or a risk-reward calculator for position sizing?