UNISWAP $UNI COMPRESSING AT KEY MOVING AVERAGE SUPPORT! ARE BULLS TARGETING $9.354 NEXT?
Trade Parameters
Pair: $UNI /USDT
Direction: LONG
Entry Price: 9.047
Target Levels (Take Profit)
TP 1: 9.162 +1.27%
TP 2: 9.239 +2.12%
TP 3: 9.354 +3.39%
Stop Loss
SL: 8.893
Technical Breakdown
UNI ($9.047) swept low liquidity at $8.60 before staging a sharp V-shaped recovery to test $9.40. Following a pullback, price has formed a tight horizontal coil over key base support, with candles holding firm above the $8.95 lower boundary.
MA 7, MA 25, and baseline MA 99 have converged directly beneath current price action around $9.00–$9.05. This compression across all three moving average lines signals a strong volatility expansion phase, leaning in favor of a bullish continuation move.
RSI (14) has sloped upward to 55.00, confirming steady bullish strength with significant head-room before hitting overbought conditions. The MACD histogram has flipped positive with green momentum bars starting to print, pointing to building upward continuation pressure.
$UNI
Trade Parameters
Pair: $UNI /USDT
Direction: LONG
Entry Price: 9.047
Target Levels (Take Profit)
TP 1: 9.162 +1.27%
TP 2: 9.239 +2.12%
TP 3: 9.354 +3.39%
Stop Loss
SL: 8.893
Technical Breakdown
UNI ($9.047) swept low liquidity at $8.60 before staging a sharp V-shaped recovery to test $9.40. Following a pullback, price has formed a tight horizontal coil over key base support, with candles holding firm above the $8.95 lower boundary.
MA 7, MA 25, and baseline MA 99 have converged directly beneath current price action around $9.00–$9.05. This compression across all three moving average lines signals a strong volatility expansion phase, leaning in favor of a bullish continuation move.
RSI (14) has sloped upward to 55.00, confirming steady bullish strength with significant head-room before hitting overbought conditions. The MACD histogram has flipped positive with green momentum bars starting to print, pointing to building upward continuation pressure.
$UNI
