Friends, let me share my observations on UNI.
What do we see?
The chart clearly highlights a consolidation zone where the price has been moving sideways for an extended period.
A descending trend is noted, which the price is currently testing, potentially preparing for a breakout.
Target level:
After breaking out of this formation, there is potential for a +26.29% growth.
What’s important:
Watch the price action at the edges of the consolidation zone. A strong breakout in either direction could provide a clear entry signal.