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$UNFI tp 3.44-4.38-5.50

#UNFIusdt1d- tp 3.44-4.38-5.50

. The following details stand out in terms of technical analysis:

1. Declining Trend Line: The green line seen in the chart shows the falling trend line that the price has been in since May. The price has tested this line several times but has not yet managed to break it. When the falling trend line is broken, the probability of the price gaining upward momentum becomes stronger.

2. Support and Resistance Levels:

• Support Level: The green zone in the chart shows that there is strong support around the 2.50 - 2.70 USD levels. The price has tested this level several times and recovered from this zone.

• Resistance Levels: The red horizontal lines mentioned above indicate important resistance zones at 3.43 and 4.38 USD levels, respectively. These levels are critical resistances that the price will encounter when it recovers.

3. Short-Term Trend: The price is seen to be showing signs of recovery from the support level. This could be a sign that the trend may turn upwards. However, it is not certain whether the rise will continue unless there is a permanent break above the falling trend line. If this line is broken, the first target of the price will be the 3.43 USD resistance.

General Trend Direction:

• Potential Uptrend in the Short Term: The recovery from the support and the price approaching the falling trend line indicate that an upward trend may begin.

• If the price manages to break the falling trend line, it can move towards the 3.43 USD and then the 4.38 USD resistance levels.

As a result, breaking the falling trend line will be critical and if this happens, the price is likely to gain upward momentum.