$UNI USDT Technical Check – Is the Bottom In?
Uniswap (UNI) is currently showing signs of consolidation around the $3.499 level. After a significant downward trend over the last 90 days (-51.54%), we are seeing some localized stabilization.
• The Chart: The price is currently hugging the lower support line with the MA60 (Moving Average) acting as overhead resistance at $3.542.
• Momentum: While the 1-year view remains bearish (-64.48%), the intraday movement (+0.75%) suggests buyers are beginning to defend this $3.40–$3.50 zone.
• Outlook: A clean break above the MA60 ($3.54) on volume could signal a short-term relief rally toward the $3.85 resistance zone. However, failure to hold $3.40 may lead to a retest of psychological support at $3.20.
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