Uniswap $UNI is currently experiencing a short-term consolidation and stabilization phase, trading around $7.04 to $7.18. The token recently staged a modest recovery from its late-October lows, primarily riding a macro-driven market bounce alongside Bitcoin.
Support and Resistance: Traders are heavily watching the key support zone between $6.85 and $7.29. Holding above the $6.85–$6.90 neckline is critical; failing to defend this could trigger a deeper correction toward $6.50. On the upside, UNI faces initial resistance at $7.68, with a major breakout target sitting near $7.82 to test psychological levels closer to $9.00.
#UNI #unireport #JobsReportRaisesHikeOdds
Support and Resistance: Traders are heavily watching the key support zone between $6.85 and $7.29. Holding above the $6.85–$6.90 neckline is critical; failing to defend this could trigger a deeper correction toward $6.50. On the upside, UNI faces initial resistance at $7.68, with a major breakout target sitting near $7.82 to test psychological levels closer to $9.00.
#UNI #unireport #JobsReportRaisesHikeOdds