📈$UNI (1D)
Analysis:
Uniswap (UNI) is showing a bullish breakout from the Channel Down pattern, crossing above the key resistance level of $6.50. This implies a potential trend reversal, setting up for a bullish run. However, the trade remains risky, so a Stop Loss at $5.40 is essential to manage downside risk.
Price Targets:
If the breakout holds, the first price target to watch is $8.00, which could signal a stronger upward momentum. Keep an eye on the levels and manage your positions accordingly!
