$UNFI USDT Analysis!!
The UNFI/USDT pair is showing short-term bearish momentum, currently trading at **$2.668**, down **6.06%**. With **24-hour lows at $2.595**, this level now acts as a **critical support**, while **$2.960** serves as strong resistance on the upside. The **7-period EMA** ($2.666) is sitting below the **25-period** and **99-period EMAs**, signaling ongoing downward pressure. However, the narrowing gap between the EMAs suggests **momentum could be slowing**, potentially setting up for a reversal.
**Entry Strategy:** If you're looking to go long, watch for a **break above $2.73 (EMA 25)** with confirmation of strong volume, aiming for the next target around **$2.95**. For those seeking short positions, a **break below $2.595** could trigger further downside. Risk management is key—use tight stop-losses near the nearest support or resistance to protect your capital.
Stay tuned as the price action consolidates, offering traders a prime opportunity to capitalize on the next move!
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