UNI is showing a strong recovery on the daily chart, trading around $5.44 after a 17.62% move.
Its price is above the 7, 30, and 200-day moving averages, while MACD remains positive, confirming that momentum is still on the upside. RSI is around 74, so the move is getting stretched, and a short pullback would not be surprising.
Still, if $UNI holds above the $5.00 area, the next test could be the recent $5.47 high and potentially higher levels. Rising liquidity and stronger trading activity are also supporting the recovery.
Its price is above the 7, 30, and 200-day moving averages, while MACD remains positive, confirming that momentum is still on the upside. RSI is around 74, so the move is getting stretched, and a short pullback would not be surprising.
Still, if $UNI holds above the $5.00 area, the next test could be the recent $5.47 high and potentially higher levels. Rising liquidity and stronger trading activity are also supporting the recovery.
