$UNI
/USDT Technical Analysis and Trade Signal🚀🎯
Current Price: $12.71 (+8.18%)
Trend: Bullish
Indicators:
Price is trading near the upper Bollinger Band ($13.531), suggesting momentum but potential overbought conditions.
The Parabolic SAR ($11.189) supports a bullish trend as the price remains above it.
Key Levels:
Resistance: $13.80 (24h high)
Support: $11.82 (Bollinger Middle Band), $11.19 (SAR)
Trade Setup:
Buy Entry:
Aggressive Entry: Around $12.70 (current price)
Conservative Entry: Near $11.82 (retracement to Bollinger MB support)
Target Levels 🎯:
1. Target 1: $13.80 (24h high, short-term resistance)
2. Target 2: $14.50 (psychological resistance and potential breakout level)
3. Target 3: $15.00 (extension based on current momentum and Bollinger trends)
Stop Loss: $11.18 (below SAR level to protect against reversal)
Trade Momentum: Moderate to High Bullish
Volume: Strong with 24h volume in UNI/USDT at $203.75M, indicating sustained demand.
Trend Confirmation: Break above $13.80 will confirm continued bullish momentum toward higher targets.
Caution: Monitor overbought conditions near $13.50-$13.80 and any potential rejection at these levels.
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