Is UNI About to Hit $120? Here’s Why You Should Care (and Probably Panic)

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Okay, folks, buckle up! UNI’s price just made a decent rebound (because who doesn’t love a good comeback?), jumping 7.45% to a whopping $11.12. But wait – the fun doesn’t stop there! We’re looking at Fibonacci projections, like a roadmap to the stars, suggesting this could one day reach $120. That’s not a typo. But let’s not get ahead of ourselves…

Traders and investors, you’re going to want to keep your eyes on those support and resistance zones. These could very well make or break UNI’s entire future, determining whether it’s going to moon or crash and burn. No pressure!

The 4-Hour Chart Says “Buckle Up, Buttercup”

Let’s talk charts, shall we? The 4-hour chart shows UNI bouncing above most of the short-term moving averages. At $11.12, it’s looking pretty good-except for that minor hiccup at $10.00. But don’t worry, because it rebounded like a champ. Buyers just couldn’t resist! 🙄

From late July to mid-August, UNI basically did the dance between $8.48 and $12.36. Think of it as the crypto equivalent of an awkward family reunion: there was some buying interest at $8.48 and a whole lot of “let’s just pretend this didn’t happen” rejection near $12.36. Now, UNI is sitting right in the middle of this mess. It’s either going to shoot up or crash into a wall. No in-between, folks.

Let’s not forget momentum indicators! The MACD is flashing a bullish crossover, so this price surge might actually have some legs. But if UNI can’t hold that $11.00 line, well… it’s back to the $10.20-$10.40 support region for a little “me-time” retreat. 🫣

Market Data: It’s Like Watching Paint Dry, but with Bigger Numbers

BraveNewCoin’s 24-hour chart shows UNI chilling at $11.09. It’s a modest decline of 0.96%, but the market cap is a beefy $6.66 billion (spooky, right?). The token is hanging in the top 40 cryptocurrencies, so it’s got liquidity-meaning it’s still breathing in this volatile world.

As for price action, UNI is stuck in an intraday tug-of-war. Buyers want more, sellers want to cash out. Classic. We’re currently in a consolidation phase, which is the market’s way of saying, “We’re waiting for something exciting to happen.” 🧐

If we break above $11.50, things could get spicy. If not, we’ll be looking at another pit stop at $11.00. Grab your popcorn, folks, this is going to be a wild ride.

Long-Term Fibonacci: A Potential Multi-Year Bull Cycle (or Not)

Now, let’s get serious for a sec. According to the long-term Fibonacci analysis, UNI may have just ended a multi-year downtrend. Will it break through to a new bull cycle? Time will tell, but the projection suggests we could see rallies toward $20, $40, and-wait for it-$120-$130 in the coming years. Talk about dreaming big! 😏

If UNI stays above that cozy $10-$11 accumulation zone, we could be in for a slow and steady climb. If not, well, it’s back to the drawing board. But hey, nothing says “new cycle” like a token that could one day make you a crypto millionaire, right? 🤑

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2025-08-24 21:31