Technical analysis by Risk_Adj_Return about Symbol UNI: Buy recommendation (5/21/2025)

UNI | Long | Spot Demand + DEX Strength | (May 21, 2025)1️⃣ Quick Summary:Uniswap caught my attention with strong buying activity on the spot market. The price is reacting to demand, and it aligns technically with a potential breakout area. This could be a great compound trade opportunity if momentum continues.2️⃣ Trade Parameters:Bias: LongEntry Zone: Current levels showing buy interest—watch closely for confirmationStop Loss: $3.59 (unlikely to hit unless invalidated)TP1: $5.67TP2: $12.30Final TP: $30.86 (long-term macro target if market structure flips bullish)3️⃣ Key Notes:✅ Spot market interest suggests real demand—watching for continuation.✅ UNI is a leading DEX token, and Uniswap continues to evolve with Unichain (Layer 2) on Optimism, making the platform faster and cheaper.✅ Governance and AMM innovation give UNI long-term relevance in the DeFi space.❌ Risk comes if BTC drags the whole market or the DeFi narrative cools—manage size accordingly.4️⃣ Follow-Up Plan:Looking to compound the trade if we get a strong breakout through early resistance. I’ll post an update if we break TP1 with strength.Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.