UNI's recent trend is quite interesting. The price is oscillating below the dual resistance of KDJ and MACD, showing an overall downward trend. However, there are several reversal signals emerging here, which are worth paying attention to.
From a technical perspective, the 5.29 level has become a key support. If it can hold here without breaking further downward, the rebound space may open up. Conversely, if it can break through the 5.44 resistance upward, it will essentially confirm the start of an upward trend.
The current situation is a phase of waiting for confirmation. There is bottom support below, and clear resistance above that needs to be broken. Traders can base their strategies on these two key price levels—placing stop-loss orders below 5.29 and focusing on the performance above 5.44 for upward targets.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
5
Repost
Share
Comment
0/400
ShitcoinConnoisseur
· 01-18 22:13
5.29 Whether you can hold on or not is the key. If you break this line, just cut your losses and walk away. There's nothing good to see.
View OriginalReply1
liquidation_watcher
· 01-18 08:01
If we can't hold on May 29, we'll just jump in with a short position directly. Anyway, the reversal signals are just for listening.
View OriginalReply0
NftBankruptcyClub
· 01-18 07:58
If 5.29 doesn't hold, just go all-in at 5.44. There's nothing left to lose anyway at this point.
View OriginalReply0
GateUser-75ee51e7
· 01-18 07:56
5.29 If you can't hold it, just explode directly. Don't hesitate anymore.
View OriginalReply0
BearMarketGardener
· 01-18 07:47
If you can't hold on May 29th, the rebound is pointless. This wave is either a crash or a rally, with no middle ground.
UNI's recent trend is quite interesting. The price is oscillating below the dual resistance of KDJ and MACD, showing an overall downward trend. However, there are several reversal signals emerging here, which are worth paying attention to.
From a technical perspective, the 5.29 level has become a key support. If it can hold here without breaking further downward, the rebound space may open up. Conversely, if it can break through the 5.44 resistance upward, it will essentially confirm the start of an upward trend.
The current situation is a phase of waiting for confirmation. There is bottom support below, and clear resistance above that needs to be broken. Traders can base their strategies on these two key price levels—placing stop-loss orders below 5.29 and focusing on the performance above 5.44 for upward targets.