Looking at the $UNI price action, everyone is saying it's going to keep dropping, but I noticed that the bearish FVG zone on the 4H chart between 2.4890 and 2.5100 hasn't been fully tapped, and the current price at 2.4220 is sitting at the bottom of the 7-day range. I'm going to keep an eye on 2.4010 for signs of a bounce.
The reason I say this is that there's quite a bit of space to the resistance at 2.9380 above, while the support at 2.5700 has just been broken, which might mean the market is overly bearish. A shrinking volume could also be a sign of consolidation before a potential rebound.
Everyone's shouting 'short', but I'm a bit worried we might be underestimating $UNI 's rebound potential. I'll keep tracking this coin to see if it can show any performance.
#Uniswap #技术分析 #IndependentJudgment
The reason I say this is that there's quite a bit of space to the resistance at 2.9380 above, while the support at 2.5700 has just been broken, which might mean the market is overly bearish. A shrinking volume could also be a sign of consolidation before a potential rebound.
Everyone's shouting 'short', but I'm a bit worried we might be underestimating $UNI 's rebound potential. I'll keep tracking this coin to see if it can show any performance.
#Uniswap #技术分析 #IndependentJudgment