UNI exploded today out of the blue... check the volume... 😲
There may be some information we are missing or simply some whale decided to unload on UNI token.
Either way, UNI paints a very bullish chart for several reasons:
1. Volume exploded - bullish 2. We broke BACK into the old channel 3. MACD+RSI exploded, bullish
The trend has clearly reversed and UNI + SUSHI went up after consolidating for most of February and broke above key resistance levels setting in a new ATH.
Bias is bullish, but right now, we may cooldown a bit, look at the volume, we seem to have peaked around this level. To be seen.
Long term UNI could go to $50 easily. We are less than 1x from that now.
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