What is the current trend of UNI? Does it have upward momentum?
The daily chart shows a compound bottom pattern (head and shoulders bottom combined with a W bottom), and the price has reached a key neckline resistance. Whether it can effectively break through remains to be seen. Given the repetitive nature of this cryptocurrency's trend, it is not advisable to chase high at the current level. Conservative investors can wait for a confirmed breakout, then look for a consolidation structure in a secondary cycle (like 1-hour/4-hour charts) to consider entering long.
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