#UNIUSDT ANALYSIS (1D Timeframe)

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#UNIUSDT ANALYSIS (1D Timeframe)UNI / TetherUS PERPETUAL CONTRACTBINANCE:UNIUSDT.Pcrypto_vulture_signalsUNIUSDT is trading inside a rising channel after a strong recovery from its recent lows. Price is currently testing the upper boundary of the channel, where sellers have stepped in, making this a key decision zone. 📍 Current Price: 3.69 USDT 🟢 Key Support: 3.00–3.10 USDT (lower channel support) 🔴 Key Resistance: 3.70–3.90 USDT (upper channel resistance) Bullish Scenario A daily close above the channel resistance would confirm a bullish breakout and could trigger a move toward: 🎯 Target 1: 4.20 USDT 🎯 Target 2: 4.80–5.00 USDT Bearish Scenario The chart currently suggests a rejection from the upper channel. If sellers remain in control, UNI could retrace toward the lower boundary of the channel. 🎯 Downside Target: 2.37 USDT (approximately 22% decline from the current level) ⚠️ Invalidation: A strong breakout and daily close above 3.90 USDT would invalidate the bearish channel outlook and favor further upside. Market Outlook: Neutral to Bearish in the short term while price remains below channel resistance. Bulls need a confirmed breakout to regain momentum.