UNI / TetherUS
Long

UNI 1D. Breakout Coming? Long-Term Setup Explained 06/11

192
#UNI has been trading in a wide range between $4.072 – $18.634 for the past three years. This is known as an accumulation phase, where large players may be building positions ahead of the next major price move.

After a steep decline, the price bounced off the key support zone at $5.623 – $4.753. It then reclaimed and held above $6.325, a historically high-volume area — a bullish signal.

For short-term entries, I recommend waiting for confirmation above the 100-week moving average (MA100), which currently sits around $7.671. A break and close above that level would suggest a trend reversal.

🎯 Targets:
• $12.063
• $15.305

📥 Mid-term accumulation zone:
• $5.623 – $4.753
• If price drops to $4.072, it could be another solid buy opportunity.

DYOR.

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