$UNI
/USDT - Technical Analysis🔥💯💯💯💯
Current Price: $13.416
Trend: Neutral to Bullish (0.55% up in the last 24 hours)
Support: $12.751 (24h low)
Resistance: $13.650 (24h high)
Key Indicators:
RSI (Relative Strength Index): Neutral (around 50) - indicates no overbought or oversold condition.
MACD (Moving Average Convergence Divergence): Neutral, showing some momentum but no strong bullish or bearish signal yet.
Volume: Moderate trading volume suggests a stable market with a balanced buy/sell pressure.
Trade Signal:
Entry: Buy above $13.450
Stop Loss: $12.750 (just below the support level)
Take Profit Levels:
1. Target 1: $13.850 (Resistance level)
2. Target 2: $14.200 (Psychological resistance)
3. Target 3: $14.500 (Extended bullish range)
Momentum:
The market shows moderate bullish momentum as the price is moving upwards slightly, backed by decent buying volume. A break above the $13.450 mark could lead to further upward movement towards $13.850 and higher targets.
For higher certainty, await a confirmation above $13.650 to strengthen the long trend.