Uniswap Analysis, April 21, 2025
Uniswap on TF M15 if observed from the price structure side, the initial price movement shows a fairly volatile up-down pattern but overall tends to be sideways or flat. The price moves back and forth around the MA line, without a clear direction. This phase reflects market uncertainty, where the strength of buyers and sellers is relatively balanced. However, changes begin to appear when the price experiences a brief drop below the MA line, followed by a sharp price spike that takes the price well above the line.
Trading recommendations, If the price manages to break through the previous high (around 5.47?5.50), it could be a signal for a continuation of the uptrend. Buy entry can be made after a breakout with solid candle confirmation, as well as increasing volume.