$UNI /USDT: Approaching Resistance – A Potential Breakout in Sight....
Current Price: $11.328
Time Frame: 15 Minutes
$UNI /USDT is displaying steady upward momentum with a 3.72% gain today. The RSI of 69.02 suggests the market is nearing overbought territory but still has room for a potential breakout.
Bullish Setup:
If UNI breaks above $11.35:
Entry Price: $11.36
Targets:
TP1: $11.45
TP2: $11.55
TP3: $11.65
Stop-Loss: $11.25
Bearish Setup:
If UNI fails to hold above $11.30:
Entry Price: $11.29
Targets:
TP1: $11.20
TP2: $11.10
TP3: $11.00
Stop-Loss: $11.40
Key Insights:
UNI is currently testing key resistance at $11.35. A breakout here could signal the beginning of a larger bullish run, but failure to sustain above this level might result in a retracement. Traders should watch the volume closely as it could confirm the strength of the move. Manage your risk effectively to capitalize on this setup.