đ $UNI Coin Near Reversal Zone â $7.419 Acting as Crucial Pivot
Uniswap ($UNI ) is currently priced at $7.419, showing signs of stabilization after recent downside pressure. This level has historically acted as both support and resistance, making it a potential reversal zone if bulls gain momentum.
đ Market Overview
Price has pulled back from recent highs near $8.20
Currently consolidating between $7.30 â $7.50
RSI is hovering near the neutral zone (~50), signaling indecision
Volume remains steady, suggesting quiet accumulation
đ Key Levels
Support: $7.30
Resistance: $7.75 â $8.00
Breakout Signal: A daily close above $7.75 with volume could confirm bullish momentum
đ Trade Signal
Entry: $7.50 breakout
Target 1: $8.20
Target 2: $8.60
StopâLoss: $7.18 (below recent support)
đ Why Watch UNI Now?
DeFi sector is regaining interest
On-chain activity on Uniswap remains robust
UNI could benefit from broader ETH ecosystem moves
đ§ Summary
UNI at $7.419 is sitting at a technical decision point. A breakout from this zone could initiate a short-term rally toward $8.20 and beyond. Patience is key â wait for confirmation.
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