$UNI /USDT Technical Analysis & Trade Signal
Current Price: 16.545 USDT
Trend Overview: UNI/USDT is showing moderate bullish momentum in the short term, with a +3.41% increase over the past 24 hours. The price is currently trading near its recent high of 16.629 USDT, suggesting potential for further gains if momentum continues.
Key Support and Resistance Levels:
Support: 15.595 USDT (24h Low) โ Price could find buying interest here.
Resistance: 16.629 USDT (24h High) โ Price faces resistance around this level, but a break above could lead to further bullish action.
SAR (Support and Resistance): 16.052 USDT โ Key level to monitor for potential price reversals.
Trade Signal:
Buy Zone: Enter positions near 16.10 - 16.30 USDT
Sell Zone: Look to sell near 16.60 - 16.80 USDT
Stop Loss: Below 15.50 USDT to limit downside risk.
Target Levels:
1. Target 1: 16.75 USDT (Near resistance level)
2. Target 2: 17.00 USDT (Psychological resistance)
3. Target 3: 17.30 USDT (Upper resistance)
Trade Momentum: The market shows positive momentum with the RSI trending upwards, but itโs important to watch for signs of overbought conditions if the price breaks 16.629. Keep an eye on volume and depth, as a strong move above this resistance could trigger an accelerated uptrend.