📈 Technical Analysis – UNI/USDT (1h)

Current Price: $5,935 | 24h Change: +13.59%

@Uniswap Protocol #UNI $UNI

🔍 Trend and Moving Averages:

• MA(7): $5,747

• MA(25): $5,435

• MA(99): $5,180

The price is significantly above the three moving averages, confirming a well-defined upward trend in the short term.

💡 RSI (Relative Strength Index):

• RSI(6): 82.72

• RSI(12): 77.90

• RSI(24): 71.26

These levels indicate that the asset is in overbought territory, meaning the price has risen very quickly. This may suggest a possible correction soon, but it does not guarantee that it will happen immediately (strong assets can remain “overbought” for longer).

📊 Volume:

• The volume has seen a significant increase in recent hours, confirming the strength of the rise.

🔢 Technical Levels:

• Immediate resistance: $5,936 (high of the chart)

• Supports:

• $5,747 (MA7)

• $5,435 (MA25)

✅ Technical Conclusion:

• UNI is in a strong upward trend with volume support and moving averages.

• But the RSI shows that the asset is overbought, which may lead to a correction or consolidation soon.

📌 Strategic Summary:

• If already invested: be cautious to take partial profits or adjust stop loss.

• If out: wait for a possible pullback to the moving averages to seek entry with a better risk/reward ratio.

UNI
UNI
6.193
+18.57%