UNI just ripped 10.3% and the volume tells the real story — it's INCREASING (1.36x average). 📈 When price and volume move together, it's not just hype. It's accumulation.
📊 The technicals paint a clear picture: Daily RSI at 81 — yes, that's overbought. But here's the thing about strong trends: they can stay overbought for days. The 4H MACD histogram is expanding (+0.060) and price is trading above the 4H SMA7 ($6.10) which is acting as dynamic support.
The Long/Short ratio at 1.34 shows traders are confident — and the price action is validating that confidence.
🎯 Trade Plan (LONG on pullback):
• Entry: $6.159 – $6.438 (wait for a dip toward SMA7)
• Stop Loss: $5.741 (below 4H SMA25 — structure break)
• TP1: $6.550 | TP2: $6.802 | TP3: $7.054
⚡ Key observation: UNI's daily RSI at 81 means a pullback is likely. Smart traders don't chase — they set limit orders at support and wait. The entry zone at $6.16-$6.44 IS that pullback zone.
🧠 Think about it: DEX volume is booming, governance tokens are having a moment, and UNI is the OG. Narrative + technicals = powerful combo.
Do you think UNI can break $7 this week? Vote below 👇
#UNI #Uniswap #DYOR
⚠️ Disclaimer: This is technical analysis, not financial advice. Always manage your risk and do your own research.
📊 The technicals paint a clear picture: Daily RSI at 81 — yes, that's overbought. But here's the thing about strong trends: they can stay overbought for days. The 4H MACD histogram is expanding (+0.060) and price is trading above the 4H SMA7 ($6.10) which is acting as dynamic support.
The Long/Short ratio at 1.34 shows traders are confident — and the price action is validating that confidence.
🎯 Trade Plan (LONG on pullback):
• Entry: $6.159 – $6.438 (wait for a dip toward SMA7)
• Stop Loss: $5.741 (below 4H SMA25 — structure break)
• TP1: $6.550 | TP2: $6.802 | TP3: $7.054
⚡ Key observation: UNI's daily RSI at 81 means a pullback is likely. Smart traders don't chase — they set limit orders at support and wait. The entry zone at $6.16-$6.44 IS that pullback zone.
🧠 Think about it: DEX volume is booming, governance tokens are having a moment, and UNI is the OG. Narrative + technicals = powerful combo.
Do you think UNI can break $7 this week? Vote below 👇
#UNI #Uniswap #DYOR
⚠️ Disclaimer: This is technical analysis, not financial advice. Always manage your risk and do your own research.