$UNI /USDT #analysis โ Bullish Reversal Pattern on Weekly
Uniswap (#UNI ) is showing a strong bullish structure on the weekly timeframe:
๐น Price Action:
Formed a falling wedge followed by a rounded bottom pattern โ both are strong reversal signals.
Support held firm in the $5.00โ$5.50 region, now acting as a demand zone.
๐ Current Price: ~$6.33
๐ก As long as the price stays above the wedge breakout zone and rounded bottom support, #bullish continuation is likely.
๐ฏ Upside Targets:
First Target: $11.682
Second Target: $14.924
Final Bullish Target: $18.266
A weekly close above $7.00 would further confirm momentum for a mid-to-long-term rally.
Buy and Trade $UNI here