$UNI / USDT SUPPORT RESISTANCE ANALYSIS
Current Price: $7.825
Uniswap (UNI) is currently trading around $7.825, a level where short-term market participants are assessing whether bulls or bears will take control. After recent sideways movement, UNI is showing signs of consolidation, making support and resistance levels critical for anticipating the next move. Traders should monitor these zones to manage risk and identify potential entry or exit points.
Key Support Levels:
The first support lies at $7.70–$7.75, where buyers have stepped in during minor pullbacks. If this zone fails, the next significant support is around $7.50, a level that previously acted as both resistance and consolidation support. A deeper pullback could reach $7.20, a psychological zone where long-term holders often accumulate, forming a strong base for potential rebounds.
Key Resistance Levels:
Immediate resistance is at $7.95–$8.00, where sellers have capped recent upward moves. A decisive breakout above this zone could push UNI toward $8.20, a key supply level. If bullish momentum continues, the next resistance lies around $8.50, representing a structural barrier and psychological level where profit-taking may increase.
UNI is currently coiling near $7.825, signaling a potential directional move. Traders should watch for clean closes above resistance or below support to confirm the next leg of the trend.
#Write2Earn #Binance #MarketPullback $UNI
