According to expert technical analysis, UNI is at a crucial support level of the 200 EMA (Exponential Moving Average) near $8.85 on a daily timeframe. This price above the 200 EMA indicates that UNI is still bullish. However, if UNI closes with a strong candle below the 200 EMA or the $8.5 level on a daily timeframe, there is a high possibility that UNI could fall more than 20% in the coming days to the $6.7 level.
However, we may also see a bullish upside move, if the UNI daily candle gives a closing above the $9.7 level near to 50 EMA.SHIB technical analysis and key levels
Besides the technical analysis of UNI, SHIB on the daily timeframe is looking bearish as it is below both the 50 and 200 EMAs. Additionally, in the last few days, it has been in a consolidation zone between the $0.000016 and $0.000018 levels. However, in this bearish market sentiment, there is also a possibility that if the SHIB price falls below the $0.000016 level, the next support will be at the $0.0000155 level.
Examining SHIB’s OI data signals that the price may jump from this level, and if the SHIB daily candle closes above $0.000018, SHIB could surge more than 15% in the coming days.
