*UNI / USDT - Uniswap Analysis*
$UNI
*Price: $7.664 (+3.76% Today)*
- *Strong Intraday Pump:* Moved ∼6.6% from the 24h low of $7.230 to $7.713. There is a clear breakout on the chart after 19:27.
- *Above MA60:* The price is $7.664, while MA60 is $7.625. This means the short-term trend is bullish, with the price holding above the MA.
$UNI
- *Volume Confirmation:* A volume spike with green bars appeared during the pump - MA(5) 16.4K, MA(10) 11.6K. This is genuine buying, not a fake pump. The latest candle has red volume again, indicating some profit-taking.
- *Structure:* It was moving sideways / down until 19:27, then rallied sharply to $7.70+, and is now consolidating / forming a higher low at $7.65. This is a healthy correction.
- *Performance:* Today +5.04%, but 7 Days -11.82% - meaning a recovery has begun after the weekly downtrend. 30 Days +16.21%, 90 Days +104.56% - the long-term outlook is still very strong.
$UNI
*View:* Bullish momentum remains intact. $7.70 is resistance. If $7.625 (MA60) holds, the next target could be $7.81. Consider a stop loss below $7.60.
#Binance #UNI📈 #StateCouncilCallsForNationalBlockchainNetwork #XRPLedgerPatchesXRPCreationBug #LedgerPausesCryptoBilisSales
$UNI
*Price: $7.664 (+3.76% Today)*
- *Strong Intraday Pump:* Moved ∼6.6% from the 24h low of $7.230 to $7.713. There is a clear breakout on the chart after 19:27.
- *Above MA60:* The price is $7.664, while MA60 is $7.625. This means the short-term trend is bullish, with the price holding above the MA.
$UNI
- *Volume Confirmation:* A volume spike with green bars appeared during the pump - MA(5) 16.4K, MA(10) 11.6K. This is genuine buying, not a fake pump. The latest candle has red volume again, indicating some profit-taking.
- *Structure:* It was moving sideways / down until 19:27, then rallied sharply to $7.70+, and is now consolidating / forming a higher low at $7.65. This is a healthy correction.
- *Performance:* Today +5.04%, but 7 Days -11.82% - meaning a recovery has begun after the weekly downtrend. 30 Days +16.21%, 90 Days +104.56% - the long-term outlook is still very strong.
$UNI
*View:* Bullish momentum remains intact. $7.70 is resistance. If $7.625 (MA60) holds, the next target could be $7.81. Consider a stop loss below $7.60.
#Binance #UNI📈 #StateCouncilCallsForNationalBlockchainNetwork #XRPLedgerPatchesXRPCreationBug #LedgerPausesCryptoBilisSales