Today, we’re going to discuss $UNI and analyze the chart to identify the best possible scenario.
UNI/USDT has recently broken above the resistance trendline, showing a solid price acceleration from $6 to $8. If we take a closer look at the previous rally in November 2024, we’ll notice that the price stayed above the 50 EMA, maintained a gradual rally, and then surged all the way up to $19.5.
A similar pattern is emerging now — the price has broken above the 50 EMA after six months of a continuous downtrend and is now aiming for a potential 175% rally.
Here's the strategy to trade:
~ Entry: $7 to $7.6.
~ Trade type: Spot.
~ Period: Till July 2025.
~ Target: $15 to $18.
Note: Always do your own research and analysis before investing.