UNI is in an ascending channel and we just hit its top where we currently face some resistance. I expect us to do a short pullback before going higher as indicated by the chart.
If UNI drops to around $5, then that is a clear buy area as long as we don't break support.
DEFI market continues to be very competitive and UNI is one of the leading coins. So good long term investment.
You think there will be a pull back to test to the fop oc the channel as support? To late to get in Or?
DU09
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@TreyStar, You should have entered the breakout when we pushed outside the channel, that was very bullish. Now, hard to say if we get pull backs, we just had it at resistance turned support (Fib. 50%).