📉SHORT: $UNI (1D)

#UNI USDT | #UNI | #Uniswap

Current Price $9.97

Market Cap $7.52B

Change 1h +0.19% | 24h -2.60%

Daily Indicators:

• RSI: 51 - Neutral 🟠

• MACD: 0.23 - Bullish 🟢

• EMA: 9.69 - Above 🟢

Analysis:

UNI coin is showing signs of potential rejection from the upper resistance zones, indicating weakness in its price action. This could lead to a downward movement, targeting the EMAs. Keep an eye on the performance as it hints at a bearish trend forming.

Price Targets:

If the decline continues, initial support is around **$8.50**. A break below this level could see the price moving towards the next significant support at **$5.70**. Monitor these levels for potential buying opportunities.

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