🚨 $UNI : CAN THE BREAKOUT REGAIN MOMENTUM?
Trading near $7.47 after its major Q3 rally from around $2.35 to $10.85. The long-term breakout changed the chart structure, but price has since pulled back
📊 Key Levels
🛡️ Support: $7.09 → $6.81
🚧 Resistance: $7.50 → $7.66
🎯 Next hurdle: $8.00
🟢 Bullish scenario: Reclaiming $7.66 could open a move toward $8.00. Sustained strength may bring higher levels back into focus
🔴 Bearish scenario: Losing $7.09 could expose $6.81, weakening the short-term setup
The bigger breakout story remains interesting, but buyers still need to prove they can build momentum again
Can UNI reclaim $8 first, or will sellers push it lower?
Trading near $7.47 after its major Q3 rally from around $2.35 to $10.85. The long-term breakout changed the chart structure, but price has since pulled back
📊 Key Levels
🛡️ Support: $7.09 → $6.81
🚧 Resistance: $7.50 → $7.66
🎯 Next hurdle: $8.00
🟢 Bullish scenario: Reclaiming $7.66 could open a move toward $8.00. Sustained strength may bring higher levels back into focus
🔴 Bearish scenario: Losing $7.09 could expose $6.81, weakening the short-term setup
The bigger breakout story remains interesting, but buyers still need to prove they can build momentum again
Can UNI reclaim $8 first, or will sellers push it lower?