Uniswap seems more than sweet for a potential breakdown from current support zones.
If we get a clean breakdown, we will see a nice freefall, breaking both 100 and 200 EMA as well.
Swallow Team
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Uniswap is not showing any weakness yet, so we might see some bounce inside the triangle pattern. Eventually, we will see either a breakdown or a breakout!
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Uniswap is back at its weak point after yesterdays attempt to push to higher zones here.
As price is showing some downward momentum right now, it seems to be coming to an end for a potential breakdown, so keep an eye on it 😉