Cryptocurrency

What’s next after Uni breaks through past key resistance levels?

In the latest update shared by Crypto Man Mab on X, Uni’s price action has turned bullish. The token is currently trading at $8.403, up 1.82% (+$0.150) and has successfully surpassed the previous resistance range of $7.50-8.00. This upward movement signal is getting bigger and bigger, and this momentum may build stronger progress.

Key support and resistance levels define the next step for Uni

In his analysis, Crypto Man MAB highlights Uni’s evolving price structure, pointing to key levels of support and resistance. Immediate support was approximately $7.103, marking a 24-hour low. If Uni retreats further, it may find stronger support around $6.500, a level that has previously attracted buying interest and can act as a safety net for the Bulls.

On the plus side, the resistance is close to $8.677, high in the last 24 hours. The area is currently limiting gatherings, but UNI can target $9.0 if the buying momentum remains. Although this level presents a psychological barrier, it also aligns with short-term bullish forecasts, thus increasing its importance.

In terms of market activity, Crypto Man Mab noted that the significant increase in trading volume coincided with Uni’s recent price increase. This volume peak shows that buyers are stepping in with strong beliefs, thus strengthening the power behind the upward movement. Continuous large volumes often validate the price action, which supports the argument of potential convergence, provided that momentum continues without significant resistance prevents the trend.

Breakthrough the power of signals, but long-term attention continues

According to analysts, the UNI chart shows a transition from a merger period to a clear upward breakthrough. The recent dominance of green candlesticks shows bullish movements and increased buying pressure in the short term.

However, long-term trends indicate a more cautious outlook. UNI has fallen by 53.31% over the past 180 days and its performance in one year has dropped by 18.98%, indicating that assets are on an overall downward trend despite recent gains.

Currently, a simple moving average (SMA) demonstrates an increase in trading activity, which is consistent with transport on positive prices and supports current bullish sentiment. This rise in volume may strengthen situations where the mid-up trend may continue, but traders should remain vigilant about any shift in momentum.

In short, cryptocurrency MAB notes that Uni shows a short-term uptrend, but the broader trend remains uncertain. However, a clear breakthrough in resistance levels above $8.677 will be a strong signal of continued upward space.

Uni

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