UNI's recent trend has indeed been somewhat unusual. During nighttime trading, the pace of this coin has noticeably accelerated, with the current quote at $6.140000, and the upward momentum is quite straightforward. After observing the candlestick charts for a while, the RSI has already reached 60.7, which is between healthy and overbought, indicating there is still some room for further rise. This doesn't seem like a trend driven by retail investors.
From a technical perspective, UNI is now at a critical juncture. The support level below is at $5.894400 — this line has held, providing a foundation for the bulls to continue their efforts. The resistance above is at $6.385600. If the price can break through this barrier, a larger rally may follow. Among these, the $6.293500 level is the most noteworthy; it acts like an intermediate threshold. If the price can stabilize above this point, the subsequent signals will become clearer.
The trading plan is simple. I will keep an eye on the $6.293500 level. Once the price effectively breaks through and stabilizes, I will consider entering in batches, as following the trend is the most straightforward logic. However, this does not mean there are no risks. If the $5.894400 support is lost, I will immediately cut losses to preserve capital. The volatility in the crypto market is well-known, and even the best market conditions require risk management.
Overall, I am optimistic about this wave, but the market is unpredictable. Do not blindly chase after gains just because you are optimistic. Adjust flexibly and execute according to the plan; only then can you seize opportunities in this round of market movements. A reminder to everyone: trading involves risks, so be sure to manage your risks properly.
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StopLossMaster
· 13h ago
The 6.29 barrier feels hard to break through, and last night's rebound looked fake.
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LuckyBlindCat
· 01-06 11:57
Uh, the signs of institutions moving at night are just too obvious, retail investors simply can't keep up with this pace.
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VCsSuckMyLiquidity
· 01-06 11:52
Oh no, the big institutions are making moves, retail investors just can't keep up with this pace.
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ApyWhisperer
· 01-06 11:44
Staring at the 6.29 barrier, if it breaks through, go with it; if not, keep waiting. That's the secret to surviving in the crypto world.
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MevWhisperer
· 01-06 11:36
Wait, this RSI 60.7 still dares to say it's healthy? Why do I feel it's already a bit dangerous.
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Is it really possible to hold steady at 6.29? It feels like the main force has stacked quite a few orders there.
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Why can't I understand why this wave is driven by the main force? It just feels like a normal rebound.
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Setting the stop-loss at 5.89 is too close, such a shakeout could lead to an immediate exit, which is a bit costly.
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Following the trend is fine, but the problem is no one knows when the trend will reverse.
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Does the accelerated night trading really mean anything? Or is it just a false impression caused by poor liquidity.
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The resistance at 6.38 feels like it will take several days to test. It's better to wait for a pullback rather than chase now.
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It looks like the analysis is quite detailed, but why do I still have a feeling of impending collapse?
UNI's recent trend has indeed been somewhat unusual. During nighttime trading, the pace of this coin has noticeably accelerated, with the current quote at $6.140000, and the upward momentum is quite straightforward. After observing the candlestick charts for a while, the RSI has already reached 60.7, which is between healthy and overbought, indicating there is still some room for further rise. This doesn't seem like a trend driven by retail investors.
From a technical perspective, UNI is now at a critical juncture. The support level below is at $5.894400 — this line has held, providing a foundation for the bulls to continue their efforts. The resistance above is at $6.385600. If the price can break through this barrier, a larger rally may follow. Among these, the $6.293500 level is the most noteworthy; it acts like an intermediate threshold. If the price can stabilize above this point, the subsequent signals will become clearer.
The trading plan is simple. I will keep an eye on the $6.293500 level. Once the price effectively breaks through and stabilizes, I will consider entering in batches, as following the trend is the most straightforward logic. However, this does not mean there are no risks. If the $5.894400 support is lost, I will immediately cut losses to preserve capital. The volatility in the crypto market is well-known, and even the best market conditions require risk management.
Overall, I am optimistic about this wave, but the market is unpredictable. Do not blindly chase after gains just because you are optimistic. Adjust flexibly and execute according to the plan; only then can you seize opportunities in this round of market movements. A reminder to everyone: trading involves risks, so be sure to manage your risks properly.