UNI/USDT descending channel assessing key resistance? 🚀UNISWAP

💎 Paradisers, pay attention as #UNIUSDT showcases an intriguing move. Following a descending channel, it's recently broken above and is now testing a critical resistance at $12.763. A successful breach of this resistance could significantly boost its chances for a bullish journey past this barrier.

💎 Amid market volatility, if $uniswap struggles to surpass the R1 resistance, we'll consider adjusting our approach. We're eyeing a bullish bounce from a lower support at $11.317, a level where the price has previously found footing.

💎 A drop below this key support level might signal a transition to a more pronounced bearish phase, accompanied by heightened selling activity. Maintaining alertness and flexibility is essential as we monitor the #UNI market's shifts.