The $UNI /USDT chart shows a strong bullish trend, with the price currently at 6.275, up by 18.15% over the past 24 hours. The price is above the 7-period (6.072), 25-period (5.381), and 99-period (5.460) moving averages, suggesting continued upward momentum.
Entry Points:
Buy Zone: Around 6.180-6.200, as this is near a key support level, just above recent lows at 5.845.
Alternatively, buying on a pullback towards the 5.850-5.900 range can also offer an entry.
Stop Loss:
Place a stop around 5.450, just below the recent support levels, to limit potential losses in case the trend reverses.
Take-Profit Levels:
First Target: Around 6.378 (the 24-hour high), where the price may face resistance.
Second Target: 6.450-6.500, as a possible level based on recent price swings.
Third Target: 6.600 could be a potential profit-taking level as the price approaches previous highs.
Monitor the 24-hour volume of 88.94M and the trend of the moving averages for additional confirmation of the bullish outlook.
UNIUSDT
Prep
6.332
+10.54%