I recently sat down to carefully analyze the market, and UNI's recent performance has been quite interesting. The bulls have a clear advantage, with RSI holding at 53.8; from the indicator perspective, the condition is still decent. I believe this wave of market movement gives UNI a chance to push higher, and the key is whether the $6.057700 level can be effectively broken through.
Currently, the price is around $5.910000, approaching the important resistance at $6.146400. If it successfully breaks above $6.057700, the probability of further upward movement is quite high, and it might even test higher price levels. Plus, the market sentiment has been gradually improving recently, with various cryptocurrencies eager to move, and as a leading project in the DeFi space, UNI is naturally also gathering strength. Last night's market signals have already shown some positive signs.
Let me share my plan. I will focus on the $6.057700 level. Once UNI can effectively break through and stabilize above it, I will consider gradually building a position, as opportunities like this don't come every day. But risk management must come first; if the price falls below the support line at $5.673600, stopping loss immediately is necessary to protect the principal.
Overall, patience is required at this stage; don’t chase the market impulsively. The potential of this wave for UNI is still there. Let’s keep an eye on it and hope to gain something from this market cycle. Feel free to share your thoughts and trading insights.
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ContractFreelancer
· 01-05 08:35
Keep an eye on 6.057. Break it, and it's time to get in; otherwise, better to stay on the sidelines.
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MeltdownSurvivalist
· 01-04 13:54
Waiting for the breakout above 6 feels too unbearable, I just want to go all in right now.
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OnchainHolmes
· 01-04 13:48
The 6 yuan threshold is really a bit risky.
I'll enter the market if UNI makes another push.
The RSI level still needs to be watched; don't rush to chase.
Break below to buy the dip, fall below to run away, it's that simple.
Market sentiment has picked up, and the leading DeFi projects still need to be watched.
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rekt_but_resilient
· 01-04 13:39
Sigh, it's another waiting game for a breakthrough. I hate this kind of persistent grinding.
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GasGuzzler
· 01-04 13:35
UNI this move is indeed interesting; now it's just a matter of whether it can hold steady above $6. Seems promising.
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SolidityStruggler
· 01-04 13:34
I'm just waiting to see the 6.057 level, I feel the probability of a breakdown is quite high.
I recently sat down to carefully analyze the market, and UNI's recent performance has been quite interesting. The bulls have a clear advantage, with RSI holding at 53.8; from the indicator perspective, the condition is still decent. I believe this wave of market movement gives UNI a chance to push higher, and the key is whether the $6.057700 level can be effectively broken through.
Currently, the price is around $5.910000, approaching the important resistance at $6.146400. If it successfully breaks above $6.057700, the probability of further upward movement is quite high, and it might even test higher price levels. Plus, the market sentiment has been gradually improving recently, with various cryptocurrencies eager to move, and as a leading project in the DeFi space, UNI is naturally also gathering strength. Last night's market signals have already shown some positive signs.
Let me share my plan. I will focus on the $6.057700 level. Once UNI can effectively break through and stabilize above it, I will consider gradually building a position, as opportunities like this don't come every day. But risk management must come first; if the price falls below the support line at $5.673600, stopping loss immediately is necessary to protect the principal.
Overall, patience is required at this stage; don’t chase the market impulsively. The potential of this wave for UNI is still there. Let’s keep an eye on it and hope to gain something from this market cycle. Feel free to share your thoughts and trading insights.
📊 Technical reference points:
• Support: $5.673600
• Resistance: $6.146400
• Key breakout level: $6.057700