1. With TVL in the DEX protocols standing at $16 Bn, Uniswap stands in the third position with $4 Bn locked in its protocol.
2. UNI has been trading above its 20 and 50 DEMA. It is not able to sustain above $35. Closing above $35 on Daily Time Frame may trigger fresh buying to the upside to the levels of $39 followed by $45 .
3. The support to the lower...
". There is a possibility of temporary retracement to suggested support line (22.60).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. UNIUSDT is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...