Defensive pullback in the $UNI trend
The uptrend of $UNI shows signs of a pullback, with the price testing the support zone at $6.893. The recent 24h move of -0.6% indicates short-term pressure, but the still-positive MACD and RSI readings of 59/53 suggest the correction may be brief before the uptrend resumes.
With an entry expected between $7.0879 and $7.1321, the immediate target is $7.5906, followed by $7.9110. The stop is set at $6.7896, providing a 1.5 R/R. The risk-reward profile favors an area of interest for those looking to preserve capital and wait for a retest before taking on more risk.
A second defensive setup is emerging in $ADX , which is also continuing its trend with a retest. An entry between $0.0585‑$0.0604, a target of $0.0676‑$0.0727, and a stop at $0.0544 provide a 1.6 R/R, offering a lower-priced alternative with volume still recovering.
From a macro perspective, a Fear & Greed Index reading of 30 indicates widespread fear, while BTC at $77,441 (+0.27%) and ETH at $2,254 (+0.53%) are holding onto modest gains. Security news and the recovery of stolen assets reinforce the need for caution, but the lack of specific catalysts for $UNI leaves price action predominantly technical.
Among the sharp moves, SOPH plunges 35.1% in 24h, signaling continued weakness and a need to defend support, with no immediate opportunity in sight.
Scenario 1 – Pullback confirmed: The price breaks above $7.185 (resistance) and moves toward $7.5906, reinforcing the retest strategy.
Scenario 2 – Invalidation: A drop below $6.7896 triggers the stop, indicating the need for reassessment and a possible short-term reversal.
Will the next test of $7.185 be enough to validate the continuation of the uptrend in $UNI ?
The uptrend of $UNI shows signs of a pullback, with the price testing the support zone at $6.893. The recent 24h move of -0.6% indicates short-term pressure, but the still-positive MACD and RSI readings of 59/53 suggest the correction may be brief before the uptrend resumes.
With an entry expected between $7.0879 and $7.1321, the immediate target is $7.5906, followed by $7.9110. The stop is set at $6.7896, providing a 1.5 R/R. The risk-reward profile favors an area of interest for those looking to preserve capital and wait for a retest before taking on more risk.
A second defensive setup is emerging in $ADX , which is also continuing its trend with a retest. An entry between $0.0585‑$0.0604, a target of $0.0676‑$0.0727, and a stop at $0.0544 provide a 1.6 R/R, offering a lower-priced alternative with volume still recovering.
From a macro perspective, a Fear & Greed Index reading of 30 indicates widespread fear, while BTC at $77,441 (+0.27%) and ETH at $2,254 (+0.53%) are holding onto modest gains. Security news and the recovery of stolen assets reinforce the need for caution, but the lack of specific catalysts for $UNI leaves price action predominantly technical.
Among the sharp moves, SOPH plunges 35.1% in 24h, signaling continued weakness and a need to defend support, with no immediate opportunity in sight.
Scenario 1 – Pullback confirmed: The price breaks above $7.185 (resistance) and moves toward $7.5906, reinforcing the retest strategy.
Scenario 2 – Invalidation: A drop below $6.7896 triggers the stop, indicating the need for reassessment and a possible short-term reversal.
Will the next test of $7.185 be enough to validate the continuation of the uptrend in $UNI ?