$UNI Three years of iron bottom. Don't you buy it? Buy or dollar-cost averaging? Don't you look down on the leader of DeFi? If you don't buy at this price, you won't be able to eat three dishes for a lifetime!
1. Overall trend judgment
Current price $4.691. UNI has just completed a round of correction from around $12-$16, and the price has accurately returned to this historical support area that has lasted for three years ($4.00 - $4.70).
No matter how the market crashes, $4.00 has always been the 'absolute bottom line' for UNI. Currently, the K-line is stabilizing in this area, with shadows frequently testing below but always able to recover, indicating that this is a 'must-fight' place for long-term institutional funds.
UNI is in a cyclical bottom accumulation zone. Although the short-term trend is weak and lacks explosiveness, the risk-reward ratio for shorting at this position is extremely poor. As the king of DeFi infrastructure, falling back to $4.00 means that the risk has been released by over 90%, making it an excellent defensive buying point.
2. Key levels
Resistance levels:
Short resistance: $6.00 - $6.50. Mid-axis of the box, also a previously dense entrapment area.
Strong resistance: $8.00 - $10.00. The top of the oscillation box. Breaking through here can start a new main upward wave.
Support levels:
Golden bottom: $4.00 - $4.50. The lowest point line of the past three years. This is the lifeline for the bulls, and it must be defended.
Extreme bottom: $3.50. Pin limit, if seen, is an opportunity to buy at 'fire sale' prices.
3. Volume signals
Very low bottoming.
Current trading volume is very thin compared to when it was at high levels.
Emotional freezing point. Retail investors have already cut losses and exited or are lying flat, while main funds are calmly picking up bloodied chips at low levels.
4. Operating strategy
Holders: Be patient and hold.
Suggestion: Hold on. Cutting losses at historical lows is the least wise decision; wait for the DeFi narrative to return.
Non-holders: Dollar-cost averaging is preferred.
Strategy: Build positions on the left side, buy more as it drops.
Buy: Enter directly at the current price of $4.69, and increase position if it retraces to $4.20.
Target: First target $6.50 (+40%), medium-term target $10.00.
5. Summary
Buy UNI and hold long-term. Core asset.