Analysis by #Uniswap (#UNI )🚀
🔹 Current situation:
On the chart we see that the Uniswap price fluctuates between $8 - $12. Over the past three months, there have been several significant corrections and jumps.
🔹 Support and resistance levels:
Support: $7.00 - $8.00 Resistance: $10.00 - $12.00
🔹 Potential entry points:
💰 $7.50 - $8.00: Excellent buying opportunity on a bounce from lower support.💰 $9.00: Entry on a resistance break.
🔹 Price movement forecast:
If the price breaks the $10.00 level, an increase to $12.00 or higher is likely. If the downward trend continues, the level of $7.00 - $7.50 will become a key support.
🔹 Exit points:
💸 $10.00 - $12.00: Take profit when upper resistance is reached.💸 $13.00+: Additional take when there is strong upward momentum.
🔹 Recommendations:
Follow trading volumes and news related to the project. Use a stop loss of $6.50 to minimize risk.
📊 Result:
Uniswap (UNI) shows potential for growth if the current resistance is broken. With proper risk management, you can get good profits.
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