#UNIUSDT (Watchlist) 5-2023

It appears that UNI has the potential for a double bottom pattern on the weekly chart, which may support a chance for the price to increase to $7. However, this is dependent on UNI continuing to hold above $4.8 without a daily/weekly close below that level.

It's worth noting that UNI is currently moving within a descending triangle, and based on the chart conditions, a breakdown below $4.8 could lead to panic selling, so it's important to be cautious.

Overall, while there are some positive indicators for UNI, it's important to keep a close eye on the chart and to make informed decisions based on the price movements and chart patterns.


Note:
This isn't financial advice, but an analysis of coin movement (not a buy or sell signal). Before following any ideas, do your own research and practice good risk management.


You can't impose your opinion or force it to happen in the cryptocurrency market. So, be prepared for any outcome.
Remember, the cryptocurrency market is highly volatile and involves both gains and losses. Understand the risks before investing.
Good luck to everyone, and we hope that Allah reconciles and repays us all. 🙏
Trend Analysis

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