$UNI 🚀 BULLISH MOMENTUM 🚀
Chart Overview / Technical Analysis
Trend: Bullish consolidation – UNI is holding above its 50-day EMA, showing strong support near $11.00.
RSI (4h): ~58 (neutral to slightly bullish) – no overbought pressure yet.
MACD: Bullish crossover forming – momentum building.
Support Levels: $11.10 / $10.80
Resistance Levels: $11.65 / $11.90 / $12.50
Volume Profile: Current trading volume suggests healthy liquidity but still room for a breakout surge.
Trading Strategy
Current Price: $11.358
24h Volume: $18.68M
Intraday Plan (Short-Term Traders):
Buy Zone: $11.10 – $11.25 (previous support + 20 EMA zone)
Resistance Targets: $11.65 → $11.90 (quick profit range)
Stop Loss: Below $10.95 (invalidation level)
Take Profit Levels:
TP1: $11.65
TP2: $11.90
If volume spikes above $20M with price holding over $11.90, breakout traders could aim for $12.40+.
Market Sentiment
Positive Factors:
Overall DeFi sector seeing renewed interest.
UNI’s governance activity and liquidity incentives driving engagement.