UNI down 5.93% but $25.4M volume says someone is buying hand over fist 🦄
📊 The Picture:
Price: $3.28 — riding the DeFi selloff wave
4H RSI: 32.9 — getting oversold
Volume: elevated despite the drop — accumulation?
Key level: $3.00-3.20 = potential demand zone
💡 What's Happening:
Uniswap is the king of DEXs getting dragged down by sector weakness. No fundamental issues — just broad DeFi fear. When the sector rotates back (and it will), UNI leads the charge.
The high volume on a red candle could mean large players are absorbing panic selling. Classic accumulation pattern.
📋 The Setup:
→ Entry zone: $3.00-3.20
→ SL: $2.80 (below psychological support)
→ TP1: $3.60 | TP2: $4.00
→ R:R: 1.7
Wait for the $3.00 level to hold. If it breaks, reassess.
Is this peak DeFi fear or just the beginning of the rotation? 🤔
#UNI #Uniswap #DYOR
⚠️ Not financial advice. Always do your own research and manage risk.
📊 The Picture:
Price: $3.28 — riding the DeFi selloff wave
4H RSI: 32.9 — getting oversold
Volume: elevated despite the drop — accumulation?
Key level: $3.00-3.20 = potential demand zone
💡 What's Happening:
Uniswap is the king of DEXs getting dragged down by sector weakness. No fundamental issues — just broad DeFi fear. When the sector rotates back (and it will), UNI leads the charge.
The high volume on a red candle could mean large players are absorbing panic selling. Classic accumulation pattern.
📋 The Setup:
→ Entry zone: $3.00-3.20
→ SL: $2.80 (below psychological support)
→ TP1: $3.60 | TP2: $4.00
→ R:R: 1.7
Wait for the $3.00 level to hold. If it breaks, reassess.
Is this peak DeFi fear or just the beginning of the rotation? 🤔
#UNI #Uniswap #DYOR
⚠️ Not financial advice. Always do your own research and manage risk.