The price of #UNI🦄 reached the previous ceiling and decreased again by 20%.
$UNI has good potential and has made significant moves recently. The price has now reached the bottom of the ascending channel, so in addition to the support level indicated in the chart, the bottom of the channel will also be strong support for the price.
The price is expected to act as before and rise again to retest the minor resistance area at $11.930. If the price can reach that area again, it will probably break it and move towards the next resistance.
If the price drops below the support level, the bullish scenario will be completely violated. Therefore, keeping the price above this level is very important.
$UNI has good potential and has made significant moves recently. The price has now reached the bottom of the ascending channel, so in addition to the support level indicated in the chart, the bottom of the channel will also be strong support for the price.
The price is expected to act as before and rise again to retest the minor resistance area at $11.930. If the price can reach that area again, it will probably break it and move towards the next resistance.
If the price drops below the support level, the bullish scenario will be completely violated. Therefore, keeping the price above this level is very important.
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The bottom of the ascending channel in the 4-hour time frame could not support the price of #UNI, and the price has now reached the demand level.
The $8.220-$8.800 level is very important for the price, and if the selling pressure breaks it, we will see a deep fall in the price.
If the price maintains the current level, it will return to the specified resistance, and the upward trend will be maintained.
The $8.220-$8.800 level is very important for the price, and if the selling pressure breaks it, we will see a deep fall in the price.
If the price maintains the current level, it will return to the specified resistance, and the upward trend will be maintained.
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#UNI has left the dynamic resistance of the wedge pattern and is now facing the resistance of $8.220-$8.800.
Due to the fact that the price is in a decisive and important situation, two downward and upward scenarios can be examined.
If the price can cross the resistance level, it will reach the resistance of $11.930.
If the price fails this time and enters the wedge pattern again, the downward trend will continue, and the price will fall to the bottom of the pattern.
Due to the fact that the price is in a decisive and important situation, two downward and upward scenarios can be examined.
If the price can cross the resistance level, it will reach the resistance of $11.930.
If the price fails this time and enters the wedge pattern again, the downward trend will continue, and the price will fall to the bottom of the pattern.
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#UNI/USDT is in a short-term uptrend within an ascending channel, showing healthy bullish structure.
As long as it holds above 5.900–5.500 USDT, bulls remain in control.
A breakout above the channel could accelerate upside, while a breakdown below support would weaken the trend.
As long as it holds above 5.900–5.500 USDT, bulls remain in control.
A breakout above the channel could accelerate upside, while a breakdown below support would weaken the trend.
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