(Updated considering key levels and market context)
🔍 Current Situation
- Price $UNI : Bounced off critical support at $8.708, confirming buyer strength.
- Trend: Upward momentum after consolidation, target $15.328 (+76% from current levels).
- Correlation with ETH: Ethereum's rise to $4,800–5,000 may increase demand for ecosystem altcoins, including UNI.
📊 Technical Factors
1. Key Levels:
- Support: $8.708 (accumulation zone), $10.76 (short-term stop-loss).
- Resistance: $12.00 (psychological barrier), $15.328 (Fibonacci target).
2. Indicators:
- RSI (14): 62.3 (neutral, no overbought conditions).
- MACD: Positive histogram — confirming bullish momentum.
- Moving Averages: Price above SMA/EMA (50, 200) — long-term trend is bullish.
🚀 Growth Drivers
1. Fundamental:
- Uniswap V4: Launch in 2025 will reduce fees by 99% and attract new users.
- DEX Volume: Uniswap generates $100 million in monthly fees — leader among decentralized exchanges.
2. Market:
- Altcoin Season: Capital rotation from BTC to altcoins will increase demand for UNI.
- Institutional Interest: Growth in TVL in DeFi to $100 billion supports tokens like UNI.
Recommendations:
- Entry: During the retest at $11.00–$11.50 (confirmation of support).
- Take Profit: Lock in profits at $15.328 (historical level).
- Hedging: Short ETH/UNI if BTC falls below $110K.
💡 Conclusion
UNI got a 'second chance' after testing $8.708. The token is now ready for growth against:
✅ Strong technical foundation (support, indicators).
✅ Fundamental improvements (Uniswap V4, DEX volume).
✅ Correlations with ETH and altcoin season.
Main Risk: Regulatory pressure (SEC vs. Uniswap). Monitor news and volumes!