$UNI Price rises 6.4% over 24 hours... but does this trading volume support the breakout?
The price at $4.68 with trading volume exceeding the average by 41%, and the RSI on the 15-minute timeframe is approaching the 65 zone, reflecting bullish momentum without clear overbought conditions. The latest candles show consecutive green bodies with limited lower wicks, indicating continued buyer control.
Positive scenario: A breakout above the nearby resistance at $4.75 while volume holds at its current level could pave the way to $4.90, then $5.10.
Negative scenario: Weak volume when testing resistance, along with negative divergence on the RSI, could push the price to correct toward $4.50–$4.55.
The key factor remains that volume stays above average during any test of resistance.
Which level do you think is key for the next trend—$4.75 or $4.50?
$UNI
This content is not investment advice—do your own research (DYOR)
The price at $4.68 with trading volume exceeding the average by 41%, and the RSI on the 15-minute timeframe is approaching the 65 zone, reflecting bullish momentum without clear overbought conditions. The latest candles show consecutive green bodies with limited lower wicks, indicating continued buyer control.
Positive scenario: A breakout above the nearby resistance at $4.75 while volume holds at its current level could pave the way to $4.90, then $5.10.
Negative scenario: Weak volume when testing resistance, along with negative divergence on the RSI, could push the price to correct toward $4.50–$4.55.
The key factor remains that volume stays above average during any test of resistance.
Which level do you think is key for the next trend—$4.75 or $4.50?
$UNI
This content is not investment advice—do your own research (DYOR)
