Huge corrective cycle on UNI is completed, crypto noobs already capitulated at the bottom, and we are now sitting above a solid monthly support zone.
On a lower time frame (shown in the chart), price is consolidating around the bottom of the primary support; we expect a breakout of the trendline soon with a short-term target at $13.
If you look at a DEFI chart, you will see how bullish the year 2022 will be. UNI is one of the strongest DEFI Projects out there and definitely won't be left behind!
If you zoom out to Daily Time Frame, you will see a horizontal channel of UNI; we expect the breakout to happen in the near future with a midterm target of around 20$, which will be 73% profit from the current price on this gem.
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