$UNI is approaching a decisive technical zone!
The latest long liquidation of $1.472K at $7.627 points to selling pressure around this level. Bulls need to defend nearby support and demonstrate stronger buying interest to establish a potential recovery.
Support: $7.50–$7.63
Resistance: $7.75–$7.90
Next Target: $8.00, followed by $8.20.
Holding above $7.50 could create an opportunity for a bullish recovery. A convincing breakout above $7.90 may open the door toward $8.00 and beyond. However, losing support could extend the correction.
Stay focused — a confirmed breakout could change the short-term momentum!
