$UNI Update+Signal 🚨
1. Uniswap had great news which led it to pump as they announced that protocol fees would be shared with holders. These gains were erased as Uniswap got hit by a wells notice from the SEC.
2. For a long this week, I would like to see UNI hold above the yearly open at $7.231. If we hold it and stay above it, I expect a nice pump to begin moving us back up into the previous range levels. Good targets are $8.40 and $9.20.
3. For a short this week, continued acceptance below the yearly open, which will lead us to move down some more. Main breakdown level is at $6.90. Good targets on the way down are $6.40 and $5.80.
