The Uniswap (UNI) token's recent trading range has narrowed, with Bollinger Bands showing a "squeeze," signaling potential sharp volatility ahead. Coupled with shrinking trading volume, UNI may be gearing up for a breakout. Investors should watch the breakout direction closely—upward could target resistance near $15.60, while downward might test support at $12.40. To manage risk, set a stop-loss below the lower Bollinger Band (around $12.40) to limit downside exposure, and a take-profit near the upper band (around $15.60) to lock in gains. Adjust these levels based on real-time price action and personal risk tolerance. Monitoring volume spikes and RSI trends can further confirm the breakout's strength, helping traders navigate UNI's next move effectively.
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