DU09

UNI/USD - Where are you going Uni? What is happening? 🚀

Long
BINANCE:UNIUSDT   UNI / TetherUS
UNI exploded today out of the blue... check the volume... 😲

There may be some information we are missing or simply some whale decided to unload on UNI token.

Either way, UNI paints a very bullish chart for several reasons:

1. Volume exploded - bullish
2. We broke BACK into the old channel
3. MACD+RSI exploded, bullish

The trend has clearly reversed and UNI + SUSHI went up after consolidating for most of February and broke above key resistance levels setting in a new ATH.

Bias is bullish, but right now, we may cooldown a bit, look at the volume, we seem to have peaked around this level. To be seen.

Long term UNI could go to $50 easily. We are less than 1x from that now.

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