UNISWAP $UNI TESTING LOWER BOLLINGER BAND SUPPORT FOR A BULLISH MEAN-REVERSION REBOUND ARE BULLS TARGETING $8.409 NEXT?
Pair: $UNI /USDT
Direction: LONG
Entry Price: 7.705
Target Levels (Take Profit)
TP 1: 7.969 +3.43%
TP 2: 8.145 +5.71%
TP 3: 8.409 +9.14%
Stop Loss
SL: 7.353
Technical Breakdown
UNI ($7.705) executed a secondary dip back down to test dynamic support around the $7.65–$7.70 lower band threshold. The emergence of reaction wicks along this localized floor highlights buyer absorption, setting up a structural bounce toward upper target levels.
Price action is currently consolidating near short-term MA 7 (~7.80) and below intermediate MA 25 (~8.05), while long-term baseline MA 99 (~8.70) remains overhead. A bullish push to clear MA 7 will unlock upside momentum toward dynamic resistance at MA 25 and TP 2.
RSI (14) is hooking upward near 35.00 from low-neutral/oversold territory, signaling improving momentum and room for expansion. The MACD histogram continues to print positive cyan bars with signal lines crossed upward, supporting an ongoing shift toward bullish relief.
$UNI
Pair: $UNI /USDT
Direction: LONG
Entry Price: 7.705
Target Levels (Take Profit)
TP 1: 7.969 +3.43%
TP 2: 8.145 +5.71%
TP 3: 8.409 +9.14%
Stop Loss
SL: 7.353
Technical Breakdown
UNI ($7.705) executed a secondary dip back down to test dynamic support around the $7.65–$7.70 lower band threshold. The emergence of reaction wicks along this localized floor highlights buyer absorption, setting up a structural bounce toward upper target levels.
Price action is currently consolidating near short-term MA 7 (~7.80) and below intermediate MA 25 (~8.05), while long-term baseline MA 99 (~8.70) remains overhead. A bullish push to clear MA 7 will unlock upside momentum toward dynamic resistance at MA 25 and TP 2.
RSI (14) is hooking upward near 35.00 from low-neutral/oversold territory, signaling improving momentum and room for expansion. The MACD histogram continues to print positive cyan bars with signal lines crossed upward, supporting an ongoing shift toward bullish relief.
$UNI