$UNI /USDT

Price Movement: The current price is $8.403, reflecting a 1.82% increase (+$0.150) in the last period. The price has shown a recent upward trend, breaking above previous resistance levels around $7.500-$8.000, indicating bullish momentum.

Support and Resistance: Immediate support appears around $7.103 (24h low), with potential further support near $6.500 if the trend reverses. Resistance is likely around $8.677 (24h high), with a possible next target near $9.000 if the bullish trend continues.

Volume: The volume has spiked recently, corresponding with the price increase, suggesting strong buying interest and supporting the upward movement.

Trend: The chart shows a shift from a consolidation phase to an upward breakout, with green candlesticks dominating the recent period. However, the longer-term trend (e.g., 180 days: -53.31%, 1 year: -18.98%) indicates caution, as the asset has been in a downtrend overall.

Indicators: The Simple Moving Average (SMA) on the volume chart suggests increasing activity, reinforcing the current bullish sentiment.

In summary, UNI/USDT appears to be in a short-term bullish phase, but the longer-term downtrend suggests potential volatility. Consider monitoring for a sustained break above $8.677 to confirm further upside.