$UNI
š UNI/USDT Technical Analysis š
Current Price: $12.199
UNI/USDT is maintaining bullish momentum as it trades above key support at $12.000. The price is now testing immediate resistance at $12.500, and a breakout above this level could push UNI toward $13.000 and potentially $13.500 in the short term. Bulls are in control, and a rise in volume would further validate the breakout.
š Key Levels to Watch:
Support: $12.000 (critical for maintaining the bullish structure).
Resistance: $12.500 (a breakout could ignite a move to $13.000ā$13.500).
š Entry Strategy:
Bullish Scenario: A clear breakout above $12.500 with strong volume could signal further upside to $13.000 and beyond.
Bearish Scenario: Failure to hold $12.000 may result in a retest of $11.500.
š Technical Indicators:
The RSI is trending upwards, signaling growing buying pressure, while price action shows steady accumulation near resistance.
ā ļø Outlook: UNI/USDT looks primed for a breakout. A push above $12.500 could unlock new highs at $13.000, with bulls eyeing further gains. Keep an eye on volume for confirmation! š
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