Cryptolean Uniswap UNI Update

17 Mar

Uniswap is trying to reverse from the key daily support level at $11.25.

A bullish reversal from $11.25 will result in a move to $12.63 and, possibly, higher to $14.28-$15.45.

A bearish break-out of $11.25 will push #UNI price lower towards $8.68.

Intraday Chart



The UNIUSDT 4-Hour chart is bearish and teasing $11.97.

A bearish breakout of $11.97 or a bearish rejection of $13.11 will push Uniswap price towards the key intraday support zone at $9.63-$10.60 and, possibly, lower towards $7.33, to close the gap formed on February, 23.

A bullish break-out of $13.11 will push price to re-test $15.24, however the price action may be slow and choppy.

Support once read!
Thank you