A brief analysis of today's market of UNI (Uniswap) is as follows:
Short-term market analysis
Multiple confirmations: At the 1-hour, 2-hour and 4-hour levels, the multi-party strength has been confirmed, which usually means that the price has an upward trend in the short term.
Current price focus: The price area that should be focused on at present is around 6.270, which is an important reference point for judging the short-term trend.
Lower support: If the price pulls back, the lower support levels are located near 6.144, 6.023 and 5.851 respectively. These support levels are the starting point for the price to rebound.
Upper resistance: If the price continues to rise, the upper resistance levels are located near 6.366, 6.475 and 6.617 respectively. These resistance levels are the key points that need to be broken when the price rises further.
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