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#uni# Technical Breakout (Mixed Impact)
Overview:✅
UNI broke above its 23.6% Fibonacci retracement level ($10.75) and pivot point ($10.86) with RSI(14) at 63 – room to run before overbought (70+).
What this means:
The 7-day SMA ($10.35) crossed above the 30-day SMA ($9.92), signaling short-term momentum. However, MACD histogram (+0.053) shows weakening bullish divergence.
Key level:
A close above $11.54 (August 11 high) could target $12.45 (127.2% Fib extension).