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Analysis: UNI has tested the resistance level around $6.41 multiple times, and the bullish momentum may continue.
Gate News bot news analysis indicates that UNI has shown strong bullish momentum within 24 hours, rising from $6.09 to $6.40. Despite significant price fluctuation, it still pumped by 5.09%. The token has established a clear upward trend, with the lows continuously rising, until encountering resistance at $6.57, followed by a sharp drop at 02:00, forming a high volume (3.89 million) resistance zone. The support level is forming around the 6.30-6.33 USD range, with buyers continuously entering the market, while the overall range of 0.49 USD (8.07% of the starting price) shows significant Fluctuation. In the past hour, UNI experienced significant Fluctuation and showed a clear recovery pattern, first dropping to $6.36, then setting higher lows and highs. The price trend of UNI has formed a clear support zone around 6.38-6.39 USD, while the resistance level near 6.41 USD has been tested multiple times; the consolidation above 6.40 indicates that a broader bullish momentum may continue.
Source: CoinDesk