๐ข Technical Analysis โ UNI/USDC (1D Chart)
๐ Current price: $7.495 (-4.96%)
๐ EMA(7): 7.367 | EMA(25): 6.723 | EMA(99): 6.801
๐ RSI(6): 57.7 โ neutral region, no signal of overbought or oversold
๐ Volume: Above the average in the last candles, indicating strength in movement
โจ๏ธ Chart Highlights:
After breaking the $6.80 region, UNI made a peak up to $8.68 but suffered a strong rejection.
โ ๏ธ The current correction candle is respecting the EMA(7), which acts as dynamic support.
โ ๏ธ The RSI is healthy, signaling that there is still room for more volatility without being overbought.
โ ๏ธ The current pattern suggests a possible reacumulation after the pump, as long as the supports hold.
๐ธ DCA Strategy (Dollar-Cost Averaging)
For gradual entry and more efficient risk management:
๐ Level ๐ฏ Target Price ๐ฐ Allocation โจ๏ธ Comment
๐ธ $7.40 40% Short support region (EMA7)
๐ธ $6.90 30% Near EMA99, strong technical support
๐ธ $6.50 โ $6.60 30% Recent bottom before the rise
โ ๏ธ Possible Targets (Take Profits):
๐ฏTP1: $7.90 โ immediate resistance
๐ฏTP2: $8.68 โ recent local top
๐ฏTP3: $9.20+ โ extended target, in case of a breakout with volume
โ ๏ธ Stop Loss:
Ideal below $6.40 โ loss of this level invalidates the bullish structure and may trigger more sales.
๐ Conclusion:
The current movement suggests a healthy retracement post-pump. The buying strength is still present, but it is crucial to use risk management. A well-calibrated DCA strategy can protect against high volatility. If the market respects the support, UNI may again seek $8.60+.
$UNI