$UNI is currently consolidating within a descending triangle pattern, indicating a struggle between buyers and sellers. The price has shown resilience, rebounding from a key horizontal support zone

The 100 Moving Average and Ichimoku Cloud are acting as significant overhead resistances, adding to the tension in this setup

A convincing breakout above these levels could pave the way for a substantial bullish movement, presenting an opportunity for traders to capitalize on potential gains

Stay alert for key price action as the market develops

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