📊 Technical Analysis UNI/USDT – Testing important levels
UNI/USDT is being traded at $7.27, with a high of +5.47% for the day. The price is testing the 7-period exponential moving average (EMA7) at $7.18, positioned above the 25 and 99-period EMAs, indicating a more optimistic short-term bias.
The RSI(6) is at 53.74, indicating a neutral zone — no sign of overbought or oversold — which opens up space for movements in both directions. The price recently made a bottom around $6.86 and is now forming higher highs and higher lows, which could be an early sign of positive reversal.
However, the resistance in the $7.55 region is decisive. A convincing breakout could lead the price to the range of $8.18 to $8.67. Until then, the movement may continue sideways or with volatility.
🔁 For those looking for the long term, DCA (dollar-cost averaging) remains a safe strategy while the chart decides.
