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buy on weakness
UNI

UNI Tests Key $10.86 Support — Bullish Momentum Brewing

I see UNI trading at $10.86 after a 1.29% dip as Uniswap tests a key support level. The pullback looks limited and the price is holding at a technical hinge.

I believe bullish momentum may be building beneath the surface despite the recent decline, with indicators hinting at a potential rebound if support holds.

I’m watching for confirmation — a clean bounce or higher-volume rejection of the $10.86 area would make me consider buying on weakness while keeping risk tight below the support.

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Analysis

UNI's modest decline to $10.86 aligns with a support test rather than a breakdown; short-term indicators point to building bullish momentum, but confirmation (bounce or volume uptick) is needed to val...

Recommendation

I recommend a buy-on-weakness approach: consider accumulating near the $10.86 support with a tight stop below the level and wait for bullish confirmation (rebound or rising volume) before committing m...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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