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UNI should analyze it at the invitation of a buddy.
① The trading volume in the past two months is larger than at any previous stage, indicating that this phase is either a bottoming or a topping. As long as the range of 3.6-5.1 is not broken, the probability of bottoming is high.
Support levels 6.73/6/5.1/3.63, resistance levels 7.46/8.5/9.83, etc.
The key price points at this moment are the range of 6.73 and 7.46. Be patient and wait for a breakout to stabilize or for resistance to lead to a significant drop. Wait for the main force to signal before considering taking action.
④For spot trading, the range of 3.63-5.1 should be an opportunity to establish a long-term position with 10-20% of the capital. If it breaks below 3.63, then it’s time to exit or wait for a cut loss before considering adding to the position.
⑤The rapid development of DeFi is undeniable, and as the pioneer, the probability of UNI becoming a mainstream altcoin in the future is unquestionable. Therefore, maintain patience, look for long-term opportunities in spot trading, and for short-term speculation, monitor every support and resistance level and operate according to the signals!
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