🚨 $UNI — CAN UNISWAP RECLAIM ITS BULLISH MOMENTUM? 📈🔥
Uniswap ($UNI ) is trading near $7.47 after an impressive rally from $2.35 to $10.85, followed by a significant pullback. The bigger breakout remains a key chart development, but bulls must reclaim resistance to confirm renewed strength. 👀
🟢 BULLISH SCENARIO: A strong reclaim of $7.66 could open the door toward $8.00. A sustained breakout above this level may strengthen the recovery setup.
🔴 BEARISH SCENARIO: Losing $7.09 could expose $6.81. A breakdown below this support may increase selling pressure and weaken the bullish structure.
⚡ TRADING STRATEGY: Watch for a confirmed breakout, strong volume, and a successful retest before considering an entry. Avoid chasing price without confirmation.
🎯 THE BIG QUESTION: Can $UNI reclaim $7.66 and push toward $8.00, or will sellers force another support test?