uniswape

🚨 Latest News: Jeff Kendrick from Standard Chartered says his $100 target for UNI for 2030 might be too conservative, as paid token burns via Robinhood could push the UNI burn rate to much higher levels.
If the burn mechanism expands as expected, it could be an interesting long-term catalyst for $UNI . However, a lot depends on the actual pace of adoption and network activity.

Please follow up

$UNI #Uniswape

*UNI/USDT at $7.208 After Sharp Rejection – Breaks Below MA60*

Uniswap is giving back intraday gains after a strong rally.

*UNI/USDT* is currently trading at *$7.208 (Rs 1,998.7)*, still up *+19.85%* on the 24h. UNI hit a *24H High of $7.394* from a *24H Low of $6.009*, with solid 24H volume of *14.09M UNI / $95.11M USDT*.

*Technical Breakdown:*

*1. Breakdown Below MA60:*
The key signal on this chart – UNI has just lost *MA60 support at $7.275*. After holding above it for most of the session, price dumped sharply below it in the last few candles. This is short-term bearish and suggests momentum is fading.

*2. Lower Highs Formation:*
UNI made its top near $7.38, then formed a series of lower highs at $7.33, $7.32, and $7.30. The final break was impulsive with large red volume bars, indicating active selling pressure.

*3. Volume – Selling Pressure Rising:*
Vol(UNI): 11.7K vs MA(5): 30.9K and MA(10): 28.7K. While current candle volume is low, the breakdown candle was accompanied by the largest red volume spikes of the session (60.2K zone). Sellers are in control short-term.

*4. Strong Higher Timeframe Trend Intact:*
Today: *+14.34%* | 7 Days: *+9.28%* | 30 Days: *+118.03%* | 90 Days: *+142.61%* | 180 Days: *+101.96%*

Despite this pullback, UNI remains in a powerful multi-month uptrend. 1 Year is still *-22.10%* down, so there is room for recovery.

*Key Levels:*
Resistance: $7.269 (MA60) → $7.394 (24H High)
Support: $7.149 → $7.089

Bulls need to reclaim $7.275 quickly to avoid deeper correction. A daily close below $7.20 could open a move toward $7.08.

Are you buying this dip or waiting for $7.00?

$UNI

#UNIUSDT #Uniswape #UNI #defi #BinanceSquare

$UNI (Uniswap) has shown aggressive momentum.


Current Price: ~$5.919 USDT
24h High/Resistance: $6.380 (Local High)

#BinanceSquare #CryptoAnalysis #Uniswape #Write2Earn‬ #cryptotradingpro