$UNI Price Analysis - Binance (December 22, 2024)

Current Price: 0.004094 ETH (+4.23%)

24h High: 0.004213 ETH

24h Low: 0.003928 ETH

24h Volume (UNI): 26,686.41 UNI

24h Volume (ETH): $13.59

Technical Indicators:

15-Minute Depth: 20

1-Hour Depth: 0.004186

MA (7): 0.004171 ETH

MA (25): 0.004131 ETH

MA (99): 0.004135 ETH

Analysis:

Recent Price Movement: $UNI /ETH has gained +4.23% in the last 24 hours, reflecting strong bullish movement. The pair is currently trading at 0.004094 ETH, just below the recent high of 0.004213 ETH.

Resistance & Support Levels: The price is testing the upper range near the 24h high of 0.004213 ETH. On the downside, support is found at 0.003928 ETH, with the current price stabilizing above the 7-period MA at 0.004171 ETH, which indicates short-term bullish sentiment.

Moving Averages (MA): The 7-period MA (0.004171) is above both the 25-period (0.004131) and 99-period MA (0.004135), suggesting a stronger short-term bullish trend. However, if the price starts to lose momentum, a retracement to the 0.004131-0.004135 range may act as support.

Short-Term Outlook: The market sentiment is bullish, with $UNI

/ETH aiming to test the 24h high at 0.004213 ETH. If the pair surpasses this level, it could potentially target the next key resistance. On the downside, support at 0.004131 and 0.003928 ETH could hold in case of a correction.

Binance Target:

Bullish Target: 0.004213 ETH (24h High)

Bearish Support Level: 0.003928 ETH (24h Low)

Watch for price movements around the 7-period MA (0.004171 ETH) for short-term directional guidance. Always use risk management strategies due to market volatility.#BTCNextMove #USUALAnalysis #CorePCESignalsShift #ElSalvadorBTCReserve #USJoblessClaimsFall