UNI Bullish Breakout: Strong Volume Signals a Climb Toward $11.99
UNI has been in a strong uptrend since recovering from August’s sell-off, with buyers regaining control of the market. Recently, the token attempted multiple times to break through the resistance zone at $7.622 – $7.930 (marked in yellow) but faced rejection. However, this time, strong buying volume helped push UNI above this critical level, signaling a potential shift in market sentiment and setting the stage for further bullish momentum. The breakout is particularly significant because it indicates that the previous resistance could now act as support, offering a solid base for higher moves.
The next major hurdle for UNI lies in the blue resistance zone between $8.590 and $8.753. Traders and analysts are watching this level closely, as breaking through it could pave the way for a much larger rally. Volume plays a crucial role in sustaining any breakout, and given the strong influx of trading activity seen in recent attempts, the chances of UNI pushing beyond this resistance appear favorable. If UNI successfully crosses this barrier, it will likely attract more buyers, adding further fuel to the uptrend.
Once UNI clears the blue resistance, the next price targets will be $10.607 and $11.994, representing potential gains of over 50% from current levels. These higher targets would mark a significant recovery for UNI, indicating a strong bullish continuation in the coming weeks. With the token gaining momentum and key resistance zones in focus, traders should closely monitor price action and volume indicators to make informed decisions as UNI navigates these critical levels.
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