UNI target position analysis
As a coin of Ethereum, $UNI's performance is subject to the flat trend of Ethereum in this bull market and the impact of tight liquidity. Therefore, expectations for $UNI should not be too high, and it is almost impossible to return to the high point of the previous bull market.
The impact of Unichain on $UNI is a double-edged sword, and its actual effect remains to be further observed.
In this bull market, $UNI adopted a three-wave structure, and the target position is located at the upper edge of the channel, corresponding to the pressure level of 28. The final target range is set at: 25-30.
