$UNI Price Prediction Today (Oct 29): Uniswap Crypto Signal & Technical Analysis 📊

🔴 SHORT | Entry 6.965 - 6.993 | TP1 6.601 | SL 7.357
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🕒 Updated: Oct 29, 07:31 UTC · price 6.979

Uniswap was one of last night's gainers, but the move did not hold. A spike to 7.35 was sold hard, and a big red 4H candle has pushed it back under both moving averages: -2.9% in 24 hours.

📌 UNISWAP TRADING SIGNAL (Strong, 4/5 signals agree)
Entry: 6.965 - 6.993
Take profit 1: 6.601 (-5.4%)
Take profit 2: 6.298 (-9.8%)
Take profit 3: 5.844 (-16.3%)
Stop loss: 7.357 (+5.4%)

📊 UNI TECHNICAL ANALYSIS (4H CHART)
Price is below the EMA20 (7.08) and EMA50 (7.10), and the EMA20 is turning down. RSI 46 is neutral, so there is room to drop before oversold.

🔑 KEY LEVELS
Support: 6.78, then 6.52 (Oct 24 low)
Resistance: 7.08 - 7.10 (EMAs), then 7.35

📉 Bearish scenario: a 4H close under 6.78 opens TP1 at 6.60.
📈 Bullish scenario: reclaiming 7.10 means the dip was bought. A close above 7.357 cancels this signal.

💡 Bottom line: failed breakout plus a lost EMA zone. Shorts favored under 7.10.

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Does Uniswap reclaim 7.10 or slide to 6.60? 👇
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