UNI $UNI 24H rose 28%—will the strength continue? Look at 8.833
Market consensus is bullish, but what’s overlooked is that 1H +1.20% and 4H +2.83% are strengthening in sync. The current price 8.751 is already close to resistance.
Verifiable observation: 24H high/low is 8.869/6.757, with turnover of about 169.44M USDT. Relative to BTC over 24H (+1.84%), UNI is clearly outperforming.
If it holds above 8.833 and does not fall back to 8.412, the bullish structure can be maintained. If it breaks below 8.412, the assessment of relative strength will be downgraded.
Market consensus is bullish, but what’s overlooked is that 1H +1.20% and 4H +2.83% are strengthening in sync. The current price 8.751 is already close to resistance.
Verifiable observation: 24H high/low is 8.869/6.757, with turnover of about 169.44M USDT. Relative to BTC over 24H (+1.84%), UNI is clearly outperforming.
If it holds above 8.833 and does not fall back to 8.412, the bullish structure can be maintained. If it breaks below 8.412, the assessment of relative strength will be downgraded.