UNI
2.961
+3.89%
UNIUSDT
Perp
2.959
+3.89%
🔸 Key Support Zone at $4 - $6:
UNI is consolidating in the $4 - $6 range, indicating a strong accumulation phase. This zone has historically acted as a demand area, making it a critical level for a potential reversal.
🔸 Upside Target: $12 - $17
Once UNI confirms a breakout from this accumulation range, the first major target would be $12, followed by $17 in a strong bullish scenario.
🔸 Risk Level at $3.50:
A drop below $3.50 would invalidate this bullish setup, potentially leading to further downside.
🔸 Action:
Watch for bullish confirmations above $6 with strong volume.
A retest of $5 - $4.50 could provide a high R:R entry opportunity.
Keep an eye on BTC and overall market sentiment to confirm trend direction.
#UNI 🚀