UNI/USDT Technical Outlook – Price at $8.116: Key Levels to Watch
UNI is currently trading at $8.116, with a pivotal **resistance** at $8.30. This level has repeatedly rejected upward moves, making it crucial for bulls to break through. On the downside, **support** rests at $7.85, a level where buyers have consistently stepped in. A failure to hold this support could signal a deeper pullback.With UNI holding above the 50-day moving average, the short-term trend remains bullish. However, the **RSI** shows a neutral stance, and narrowing **MACD** bars hint at weakening momentum. For traders, a break above $8.30 could open doors for a long position, with targets around $8.50 and beyond. Conversely, waiting for a pullback near $7.85 might offer a better entry point, should the market consolidate further.Be prepared for volatility – watch for volume spikes to confirm any major breakout!
