30 Uniswap (UNI) High Time Frame (HTF) AnalysisCurrent Market Situation:Uniswap (UNI) has taken a hard hit, dropping about 92% from its all-time high. After this sharp fall, UNI’s price found some stability and has been moving sideways, which is often a sign of accumulation and building up liquidity. Recently, the price tapped into a key rejection area, leading to a nice bounce. This movement allowed it to capture buy-side liquidity and close above it, hinting at a shift in market structure.Liquidity Levels and Market Trends:After grabbing external liquidity, UNI’s price pulled back to test the internal range liquidity of its previous swing. It bounced well off the Fair Value Gap (FVG) or internal range liquidity (IRL), showing signs of strength as it aims for the next external range liquidity (ERL) target. Potential Gains and Upside:Short-Term Target: From where it currently stands, there’s a solid chance for a +100% gain as it approaches the ERL.Long-Term Target: With equal highs liquidity yet to be reached, UNI might keep pushing upward, possibly aiming to retest its ATH. This could mean a potential gain of +430% from current levels if the bullish momentum holds.Strategy:For those already holding UNI, the price movement points to a promising future. Keeping positions could be wise, as the current bullish trend may continue pushing higher toward new liquidity targets, even reaching the ATH.Bottom Line: Uniswap is showing signs of strength after a tough downtrend, with potential for substantial upside as it captures key liquidity levels. Both short-term and long-term holders could see solid gains as the bullish momentum builds.Join Twitter: https://x.com/CryptoPatelJoin Telegram: https://t.me/OfficialCryptoPatel
