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Uniswap(UNI): Rejected From 200EMA

Short
UNIUSDT Perpetual Contract (BYBIT:UNIUSDT.P)  
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BYBIT:UNIUSDT.P   UNIUSDT Perpetual Contract
Trend Analysis Chart Patterns Technical Indicators Exponential Moving Average (EMA) emacrossover Relative Strength Index (RSI) bollingerbandstrategy Bitcoin (Cryptocurrency) BTC
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trendanalysis chartpattern indicator ema emacrossover relativestrengthindex bollingerbandstrategy bitcoin btc
UNI had a nice rejection from 200EMA, where the price turned down sharply!

We are looking here for a potential movement towards that support zone while also looking for a potential re-test of that 200 EMA, which might be our next resistance zone.

Swallow Team
Comment:
snapshot
UNI had an early drop, which resulted in a small, humble 4% market price movement.

We are looking for prices to reach two of the lower target zones. Eyes open!
Comment:
snapshot
Coin is looking for another re-test of that upper resistance zone, which is also near 200 EMA. Although the price is currently pushing, we are monitoring the coin for any potential weakness to kick in 👀
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