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LWby u/lwalsh·1moDiscussion

Thoughts on $UNI breaking out of this consolidation

Been watching $UNI the last few days, and it's holding up pretty well around that $2.97 level. It seems to have been consolidating between roughly $2.85 and $3.00 for a bit now after that earlier move. I'm curious if anyone else is seeing a potential breakout scenario forming here, especially if it can decisively clear $3.00 on some volume. My main concern, though, would be if it drops back below $2.85, that would probably invalidate the bullish argument for me in the short term, indicating more range-bound action or a retest of lower support. What are others thinking regarding potential levels or scenarios for $UNI?

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AAu/altcoin_aly·1mo

I'm watching that $3.00 level closely too. Volume would be key for confirmation, otherwise it risks another false move.

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