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UNIUSDT Perpetual Contract
Short
Updated

Uniswap (UNI): At Major Resistance!

595
Uniswap coin is in a major resistance zone after having a massive liquidation movement.

This liquidity movement was stopped just right at the resistance zone, where UNI is finding it hard to breakout, which is logical as well.

If all plays out nicely, we should see some kind of correctional movement after that huge green daily candle.

Swallow Team
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Uniswap coin has moved so far by a nice 6%, reaching the green zone of re-testing, which we need to break as well.

So far, we are optimistic to see the movement reach at least 100 EMA.
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Uniswap is still pressing near that support zone, while the new daily is not showing any signs of bounce from there. We want to see a full breakdown happen today or during the weekend!
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The Uniswap coin has made a nice movement since touching that upper resistance zone twice.

Now that we got our rejection and broke the middle line of Bollinger Bands, we are moving towards EMAs.
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Uniswap made, in total, a really nice movement, resulting in a nice +20% market marketprice movement.

While price is still at resistance, re-testing that zone again, we might see similar move happen very soon!

✅ Price has moved 22.12% so far

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