$UNI

Based on the chart for UNI/USDT (Uniswap) on the 3-day timeframe:

Resistance Zone:

The price peaked near $45 in the past, forming a significant resistance level.

The recent spike suggests resistance near $20-$22, where the price reversed downward.

Support Zone:

A strong support exists near $10-$12, as the price consolidated in this range before its recent uptrend.

Historical support is also evident around $2-$5, where the price is bottomed during prior downtrends.

Trend Movement:

The price is in a long-term recovery phase, with significant volatility.

The volume oscillator shows a slight increase, indicating increased trading activity.

ATR (Average True Range):

ATR suggests moderate volatility, which could aid in identifying entry and exit levels.

Entry Point:

Conservative Approach: Enter near $10-$12, as it aligns with a strong support zone.

Aggressive Approach: Enter if the price reclaims $15-$16 with strong bullish momentum and volume, aiming for the next resistance at $20.

Exit Point:

Profit Target: Exit near the $20-$22 resistance level for short-term trades.

For higher targets, watch for a breakout above $22, aiming for $30-$35.

Stop-Loss: Place it below $10 to minimize risk.

As always this is not a financial advice. DYOR