FxWirePro- UNIUSD (Chart of the day)

UniswapX Protocol is a non-custodial Dutch auction-based trading protocol implemented for the Ethereum Virtual Machine. UniswapX aggregates both on-chain and off-chain liquidity, internalizes MEV in the form of price improvement, offers gas-free swaps, and can be extended to support cross-chain trading. 

Ichimoku Analysis  (4 hour chart)
 
Tenken-Sen- $10.68
 
Kijun-Sen- $10.62

UNIUSD was one of the best performers this week 

Any daily close above $17 confirms further bullishness.

UNIUSD  showed a massive jump of more than 20% in the past three days.  The pair holds well above the short-term (21 and 55 EMA) and long-term moving average. It hit a low of $8.74 and is currently trading around $10.68.
 
The bullish invalidation can happen if the pair closes below $5.80. On the lower side, the near-term support is $8.70 Any break below targets $7.85/$7/5.90. 
 
The immediate resistance stands at around $12. Any breach above confirms a minor pullback. A jump to  $14/$17/$20 is possible. A surge past $20 will take it to $25/$30.
 
It is good to buy on dips around $10 with SL around $8 for TP of $17.