buy on weakness

Uniswap Testing Support — Momentum Building, Buy on Weakness

I note UNI dipped 1.29% to $10.86 and is currently testing a key support level. The decline looks like a modest pullback rather than a trend reversal.

I see early signs of bullish momentum building on technicals, so I would watch price action closely and prefer accumulation on weakness while keeping risk controls tight.

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Analysis

UNI’s drop to $10.86 appears as a shallow pullback at a critical support; momentum indicators are showing early bullish signals but need confirmation via a rebound or higher lows.

Recommendation

I recommend buying on weakness near the $10.86 support with tight stops below support, or holding until clear bullish confirmation if you prefer lower risk.

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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