Technical Analysis: $UNFI

/USDT

UNFI has been showing strong price action recently, currently trading at $2.598. With a daily price range of $2.586 - $2.761, let’s delve into the technical indicators and identify three key targets for traders.

Key Technical Indicators:

Current Price: $2.598

24h High: $2.761

24h Low: $2.586

Volume: 924,021.30 UNFI

Moving Averages:

MA(7): $2.678

MA(25): $2.738

MA(99): $2.727

Price Targets 🎯:

1. Target 1: $2.678

This level aligns with the MA(7) and represents immediate resistance. A breakout above this level could signal bullish momentum.

2. Target 2: $2.738

Corresponding to the MA(25), this target offers a strong resistance point. If the price consolidates above this level, it could pave the way for further gains.

3. Target 3: $2.761

This target reflects the recent 24-hour high. A decisive move past this level could trigger increased buying interest and push the price higher, with potential for further upside.

Conclusion:

Traders should monitor these levels closely, as a breakout above $2.738 could signal an upward trend. Conversely, a drop below $2.586 may indicate a bearish reversal. Stay tuned for more updates!