Uniswap is trying to reverse from the key daily support level at $11.25.
A bullish reversal from $11.25 will result in a move to $12.63 and, possibly, higher to $14.28-$15.45.
A bearish break-out of $11.25 will push #UNI price lower towards $8.68.
Intraday Chart
The UNIUSDT 4-Hour chart is bearish and teasing $11.97.
A bearish breakout of $11.97 or a bearish rejection of $13.11 will push Uniswap price towards the key intraday support zone at $9.63-$10.60 and, possibly, lower towards $7.33, to close the gap formed on February, 23.
A bullish break-out of $13.11 will push price to re-test $15.24, however the price action may be slow and choppy.
Support once read!
Thank you
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Check out the daily market updates on youtube.com/@TradeLeanCom
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.