Technical analysis by persis10t about Symbol UNI: Buy recommendation (1/31/2025)

persis10t

Join our community and start your crypto journey today for:In-depth market analysisAccurate trade setupsEarly access to trending altcoinsLife-changing profit potentialLet's analyse AICUSDT both fundamentally and technically.FUNDAMENTAL ANALYSIS:Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens.TECHNICAL ANALYSIS:UNIUSDT has successfully broken out of the triangle pattern and retested the breakout level. The price is now poised for a rebound above the green box support zone, which aligns with the 0.5 Fibonacci retracement level. This bullish move is further supported by the confluence of the 100-EMA and 200-EMA on the weekly timeframe. Anticipating a strong rebound from this level towards the target zones.Entry Zone:CMP to $9.3Targets level:$19$25.7$38.3$106.2If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.Happy Trading!!