💎Paradisers, #UNI is indeed a coin worth monitoring closely.
💎 UNI has successfully broken out of the reaccumulation resistance, signaling bullish momentum for further upward movement. The current price has yet to retest the support level, previously a resistance, around the 8.27 area.
💎 However, if UNI manages to break above the supply area directly without first retesting the support, it could indicate a strong upward trend, potentially allowing the price to reach our target strong resistance area.
💎 Conversely, if UNI fails to break above the supply area and experiences a significant rejection, there's a possibility of downward movement towards the support level at 8.827. This scenario is more likely if UNI hasn't retested the support area yet.
💎 UNI must bounce off the support during the retest. Failure to do so, resulting in a breakdown below the support, would validate the bullish invalidation. In this case, the price could revisit the support of reaccumulation or even experience further decline.
MyCryptoParadise
iFeel the success🌴
💎 UNI has successfully broken out of the reaccumulation resistance, signaling bullish momentum for further upward movement. The current price has yet to retest the support level, previously a resistance, around the 8.27 area.
💎 However, if UNI manages to break above the supply area directly without first retesting the support, it could indicate a strong upward trend, potentially allowing the price to reach our target strong resistance area.
💎 Conversely, if UNI fails to break above the supply area and experiences a significant rejection, there's a possibility of downward movement towards the support level at 8.827. This scenario is more likely if UNI hasn't retested the support area yet.
💎 UNI must bounce off the support during the retest. Failure to do so, resulting in a breakdown below the support, would validate the bullish invalidation. In this case, the price could revisit the support of reaccumulation or even experience further decline.
MyCryptoParadise
iFeel the success🌴
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