UNISWAP $UNI BOUNCING OFF BASELINE SUPPORT ARE BULLS TARGETING $9.574 NEXT?
Pair: $UNI /USDT
Direction: LONG
Entry Price: 8.988
Target Levels (Take Profit)
TP 1: 9.208 +2.45%
TP 2: 9.354 +4.07%
TP 3: 9.574 +6.52%
Stop Loss
🛑 SL: 8.695
Technical Breakdown
Price Action & Support: UNI ($8.988) pulled back from local high peaks near $9.400, dropping back into strong buyer absorption territory around $8.90–$8.98. The recent stabilization candle above the middle/lower Bollinger Band (BB 20) confirms strong demand defense.
Moving Averages & Confluence: Price action is holding securely on top of the long-term baseline MA 99 (~8.950). A bullish push across short-term MA 7 and MA 25 resistance (~9.080) will trigger the primary upward momentum surge toward higher targets.
RSI (14) is holding near the 45.00 level, indicating that selling volume has cooled significantly and giving buyers plenty of room to expand higher. MACD histogram sell volume is diminishing, setting up a potential bullish crossover near the zero line to re-ignite trend continuation.
$UNI
Pair: $UNI /USDT
Direction: LONG
Entry Price: 8.988
Target Levels (Take Profit)
TP 1: 9.208 +2.45%
TP 2: 9.354 +4.07%
TP 3: 9.574 +6.52%
Stop Loss
🛑 SL: 8.695
Technical Breakdown
Price Action & Support: UNI ($8.988) pulled back from local high peaks near $9.400, dropping back into strong buyer absorption territory around $8.90–$8.98. The recent stabilization candle above the middle/lower Bollinger Band (BB 20) confirms strong demand defense.
Moving Averages & Confluence: Price action is holding securely on top of the long-term baseline MA 99 (~8.950). A bullish push across short-term MA 7 and MA 25 resistance (~9.080) will trigger the primary upward momentum surge toward higher targets.
RSI (14) is holding near the 45.00 level, indicating that selling volume has cooled significantly and giving buyers plenty of room to expand higher. MACD histogram sell volume is diminishing, setting up a potential bullish crossover near the zero line to re-ignite trend continuation.
$UNI
