📊 Uniswap (UNI) Technical Analysis
The chart shows the Uniswap ($UNI) rate against USDT on the Binance platform. Let's look at the key aspects:
Triangle and Support Levels 🔺
Uniswap is forming an ascending triangle, indicating a potential change in trend. Support levels: $7.623 and $6.730
Indicators 📉
Moving Averages (MA): MA (7) at $9.805 MA (25) at $9.917 MA (99) at $10.154 Ichimoku Cloud: The price is under the cloud, indicating a bearish trend. SAR (Stop and Reverse): $10.255, confirms the downward trend.
📝 Conclusion
Current technical analysis shows that $UNI is in a downtrend but is forming an ascending triangle. The following support and resistance levels are key for further analysis.
📈 Bullish Scenario:
A break above $9.805 could lead to a rise to $10.255.
📉 Bearish Script:
If the price does not hold the level of $9.256, a further decline to $7.623 is possible.
Be careful and monitor market conditions to respond to changes in a timely manner! 🚀
#cryptousdua
