🚀$UNI /USDT Technical Analysis – Waiting for Breakout or Retest🤔🔐👇
📌 Current Price: $7.60
🕰️ Timeframes Observed: 1H & 1D
🔍 1D Chart Insight:📊
UNI is holding above the ascending trendline support 📈.
Strong horizontal resistance near $7.90–$8.00 remains unbroken, forming a compression zone.
RSI at 56.09 indicates moderate momentum – no overbought signals, but room for a push.
📈 EMA Status (1D):📊
Price is above 20/50/100 EMAs → bullish alignment
Key EMA supports: 🔑
20 EMA: $7.225
50 EMA: $6.963
100 EMA: $6.942
🔍 1H Chart Insight:📊
$UNI Price pulled back slightly from local top (~$7.83) and is consolidating around $7.59.
Minor support being tested now – holding above 20 EMA ($7.59).
RSI at 53.69, sloping downward = short-term exhaustion or cooldown.
Higher lows still intact = uptrend structure maintained.
📈 Short-Term EMA Levels:
20 EMA: $7.59
50 EMA: $7.49
100 EMA: $7.39
200 EMA: $7.29
🎯 Trade Setup – Bullish Bias🔥
“Patience before breakout – Ride the trend, not the candle.”
📌 Entry Zone: $7.55–$7.60 (on support hold confirmation)
🎯 Targets:
TP1: $7.80
TP2: $7.95
TP3: $8.20 (only if $8 breaks cleanly with volume)
🛡️ Stop Loss: Below $7.39 (under 100 EMA 1H)
⏱️ Duration: Short to Mid-Term Swing (1–3 Days)
📌 Key Resistance to Watch:🧑🏫
$7.80–$8.00 (major horizontal zone)
If $8 breaks → Momentum could build fast toward $8.50+
🧠 $UNI is coiling near a major resistance while holding trendline and EMAs strongly. Volume and volatility near $8 will decide the next breakout leg. Keep an eye on RSI and bullish candle confirmation for long entries.
🧘♂️ "A breakout trader doesn't chase the move, he positions for it."
📉 This is not financial advice. Do your own research before trading.