🔁 $UNI Coin Near Reversal Zone – $7.419 Acting as Crucial Pivot

Uniswap ($UNI ) is currently priced at $7.419, showing signs of stabilization after recent downside pressure. This level has historically acted as both support and resistance, making it a potential reversal zone if bulls gain momentum.

📉 Market Overview

Price has pulled back from recent highs near $8.20

Currently consolidating between $7.30 – $7.50

RSI is hovering near the neutral zone (~50), signaling indecision

Volume remains steady, suggesting quiet accumulation

📍 Key Levels

Support: $7.30

Resistance: $7.75 – $8.00

Breakout Signal: A daily close above $7.75 with volume could confirm bullish momentum

📊 Trade Signal

Entry: $7.50 breakout

Target 1: $8.20

Target 2: $8.60

Stop‑Loss: $7.18 (below recent support)

📌 Why Watch UNI Now?

DeFi sector is regaining interest

On-chain activity on Uniswap remains robust

UNI could benefit from broader ETH ecosystem moves

🧠 Summary

UNI at $7.419 is sitting at a technical decision point. A breakout from this zone could initiate a short-term rally toward $8.20 and beyond. Patience is key — wait for confirmation.

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