#UNI has been trading in a wide range between $4.072 – $18.634 for the past three years. This is known as an accumulation phase, where large players may be building positions ahead of the next major price move.
After a steep decline, the price bounced off the key support zone at $5.623 – $4.753. It then reclaimed and held above $6.325, a historically high-volume area — a bullish signal.
For short-term entries, I recommend waiting for confirmation above the 100-week moving average (MA100), which currently sits around $7.671. A break and close above that level would suggest a trend reversal.
🎯 Targets:
• $12.063
• $15.305
📥 Mid-term accumulation zone:
• $5.623 – $4.753
• If price drops to $4.072, it could be another solid buy opportunity.
DYOR.
After a steep decline, the price bounced off the key support zone at $5.623 – $4.753. It then reclaimed and held above $6.325, a historically high-volume area — a bullish signal.
For short-term entries, I recommend waiting for confirmation above the 100-week moving average (MA100), which currently sits around $7.671. A break and close above that level would suggest a trend reversal.
🎯 Targets:
• $12.063
• $15.305
📥 Mid-term accumulation zone:
• $5.623 – $4.753
• If price drops to $4.072, it could be another solid buy opportunity.
DYOR.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.