Crypto -Inalysts see Breakout -Momentum against $ 10

Uniswaps uni

Token rose 7.33% over the last day and climbed from a low level of $ 6,9788 to a high of $ 7.7177 by the early Monday. The token broke through the key resistance near $ 7.65 under Asia session and continued to push higher and showed lasting interest from buyers.

Price mounting was characterized by a stable formation of higher low low and a breakout of recent consolidation, supported by a remarkable tip in volume around 08:00 GMT. This technical setup helped Uni regain the territory last seen at the end of March and reinforced short -term bullish mood.

On June 11, Crypto analyst Ali Martinez on X posted that “$ uni is breaking out with momentum and has now set its sights at $ 10,” the growing optimism repeats among the traders. Monday’s price action has brought this level closer to sight as Uni is based on his upward momentum with minimal withdrawals.

The next key area to be monitored will be whether UNI can hold over $ 7.65- $ 7.70 region and maintain its breakout as the trading volume develops during the week.

Technical analysis highlights

  • Uni established support for $ 6,9788 before reviewing resistance levels around $ 7.40 and $ 7.65.
  • Volume rose sharply during 02:00-05: 00 GMT window, accompanied a price increase past $ 7.40.
  • Price reached $ 7,7177 after violating $ 7.60- $ 7.65 resistance zone.
  • The diagram shows a number of higher low lowers throughout the period, indicating the upward pricing structure.
  • During the course of 08: 00–08: 04 GMT interval, spiked binding again when Uni exceeded $ 7.65.
  • In the past hour, UNI moved from $ 7.67 to $ 7.68, a gain of 2.8% intra -period.
  • Short withdrawal occurred around 07:20 and 07:43 with subsequent recovery.
  • Price movement during the period remained within an increasing interval.

Disclaimer: Parts of this article were generated with the help of AI tools and reviewed by our editorial team to ensure accuracy and compliance with Our standards. For more information, see Coindesk’s full AI policy.

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