Technical Analysis for UNI/USDT:
Current Price: $13.19
Trend: Neutral to Bullish (recent +1.31% increase)
Key Indicators:
24h High: $14.785
24h Low: $12.966
SAR (Stop and Reverse): 13.633 (indicating potential upward momentum)
Momentum:
Bullish momentum: The price is trading above the SAR level, indicating potential upward movement. The price has recently bounced back from the 24h low ($12.966), and there's a steady increase in volume.
RSI (Relative Strength Index): Likely to be in the middle range, showing no overbought or oversold conditions. This suggests that there's room for further movement.
Trade Signal:
Trade Setup: Long (Buy)
Entry Point: $13.19 (current price)
Target Levels:
Target 1: $13.75 (Resistance level)
Target 2: $14.20 (Next resistance region)
Target 3: $14.50 (Extended upside target)
Stop Loss:
Stop Loss: $12.90 (below the 24h low)
Trade Momentum:
With the current upward momentum and recent positive price action, the short-term outlook remains bullish. Watch for price confirmation near $13.75 and adjust positions accordingly. If price momentum shifts downward, the $12.90 stop loss helps mitigate risk.
#ElSalvadorBTCReserve #USUALBullRun #BTCNextMove #CorePCESignalsShift
$UNI
