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UNI/USDT, we will observe the following metrics:
1. Moving Average Trends (MA): The price is being driven by the 7-day MA (7.727), which indicates a bullish trend in the short term. The 25-day MA has also been rising, confirming support at key levels.
2. Momentum Indicators (RSI and Stoch RSI): The RSI is at 54.894, which is considered neutral but with a positive inclination. The Stochastic RSI (22.149) suggests that the asset has recently exited an oversold zone, which is a signal of potential entry into a bullish phase.
3. MACD and DIF (Divergence): Although the MACD is slightly below zero (-0.041), the positive differential of 0.126 indicates a possible convergence towards a bullish signal, which may indicate a trend change in favor of buyers.
Conclusion of the Movement
Given the information from the indicators and the support of moving averages, there is a tendency towards the continuation of the bullish trend. The immediate resistance level is close to 8.755. In case the price breaks this resistance, it could head towards 8.916, which is a medium-term resistance level. In the case of a correction, the support to monitor is at 7.727, followed by 7.579, both acting as key potential buying areas in the event of a slight reversal.
