Uniswap is at a decision point. We normally expect another leg up to $5.5 which will continue the existing momentum. If however we break diagonal support then a correction is due.
Possible trade: Enter once we break local resistance at $3.8 with first target at $4.2 for a nice 10% gain or let it ride up to $5+. Keep a tight stop loss (2-3%) as we may turn down here as well.
Stay safe and manage risk properly.
Possible trade: Enter once we break local resistance at $3.8 with first target at $4.2 for a nice 10% gain or let it ride up to $5+. Keep a tight stop loss (2-3%) as we may turn down here as well.
Stay safe and manage risk properly.
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