#UNI Pay close attention to the $6.14 retest level. In the previous rally from $3.20 to $10.90, the 0.618 Fibonacci retracement level landed right at $6.14, coinciding with a historical trading range.
If UNI pulls back to this level, holds support, and consolidates to form a base, the rebound targets are $7.05, then $7.96, followed by the $8.50–$9.30 resistance zone.
If the price breaks through this resistance zone, it could reach the previous high of $10.90, representing a potential gain of about 77.5% from this entry level.
A drop below $5.50 would invalidate this bullish setup.
If UNI pulls back to this level, holds support, and consolidates to form a base, the rebound targets are $7.05, then $7.96, followed by the $8.50–$9.30 resistance zone.
If the price breaks through this resistance zone, it could reach the previous high of $10.90, representing a potential gain of about 77.5% from this entry level.
A drop below $5.50 would invalidate this bullish setup.