🚀 UNI/USDT: Massive Rebound Loading from Long-Term Support! 🦄
Uniswap (UNI) is currently sitting at a critical "Make or Break" zone. Looking at the weekly chart, the price has hit a rock-solid support level that has held firm for years. This could be the perfect accumulation zone before the next leg up!
📊 Technical Breakdown:
Strong Support Base: UNI is trading right at the $4.50 - $4.73 long-term support area. Historically, this zone has triggered significant bounces.
$UNI Accumulation Phase: After a long period of consolidation, the selling pressure is exhausting, and buyers are stepping back in.
Reversal Potential: The price is stabilizing at the bottom, forming a base for a potential rally toward the immediate resistance levels.
🎯 Near-Term Targets (TP):
Based on the Fibonacci levels and previous price action, here are the targets to watch:
Target 1 (TP1): $8.67 – A break above this level confirms the bullish reversal (0.382 Fib).
Target 2 (TP2): $12.80 – A key mid-term psychological and technical resistance (0.618 Fib).
Target 3 (TP3): $17.50 - $21.00 – Previous swing high zone. Reaching this would offer substantial gains from current levels.
💡 Trading Strategy:
Entry Zone: $4.60 - $4.85
Stop Loss: Below $4.00 (Weekly close)
Risk/Reward: Very attractive at current prices.
As we look toward 2026, UNI remains one of the strongest DeFi plays. Don't miss the accumulation phase before the breakout!
⚠️ Disclaimer: This is not financial advice. Crypto markets are volatile; always manage your risk and DYOR (Do Your Own Research).
#UNI #uniswap #DeFi