UNI's price has shown signs of change in its market trend. After breaking out of a long-term descending trendline, the cryptocurrency reached $3.64.
This breakout was accompanied by a retest of a strong demand zone, which indicates that buyers are stepping in and taking control. As a result, there is potential for a shift in momentum from bearish to bullish.
The next logical target for UNI's price, based on previous structure, is $4.58. However, it's also possible for the price to retest this zone again before continuing upwards.