$UNI
A whale keeps buying UNI while price works to recover. This deserves attention.
According to Foresight News, citing Lookonchain, one whale accumulated 1.29 million UNI worth approximately $9.6 million over three days, including another 600,005 UNI worth $4.28 million. (foresightnews.pro)
My thoughts: this buying supports a bullish recovery thesis, but I wouldn’t chase UNI based on one wallet alone. We don’t know the whale’s holding period or hedges.
The shared 4H chart shows UNI near $7.64 after bouncing from $6.73. RSI has recovered above 50, suggesting selling pressure has eased. The next test is $7.68–$7.80 resistance.
I’m watching $7.50 as immediate support. A confirmed break above $7.80, followed by buyers defending the retest, would strengthen the setup toward $8.00 and $8.34.
If $7.50 fails, attention shifts to $7.18. Below there, the recovery weakens and $6.73 returns to focus.
I lean bullish on the recovery, with confirmation still needed. The whale’s purchases are encouraging. Price holding above $7.80 would give me more confidence.
A whale keeps buying UNI while price works to recover. This deserves attention.
According to Foresight News, citing Lookonchain, one whale accumulated 1.29 million UNI worth approximately $9.6 million over three days, including another 600,005 UNI worth $4.28 million. (foresightnews.pro)
My thoughts: this buying supports a bullish recovery thesis, but I wouldn’t chase UNI based on one wallet alone. We don’t know the whale’s holding period or hedges.
The shared 4H chart shows UNI near $7.64 after bouncing from $6.73. RSI has recovered above 50, suggesting selling pressure has eased. The next test is $7.68–$7.80 resistance.
I’m watching $7.50 as immediate support. A confirmed break above $7.80, followed by buyers defending the retest, would strengthen the setup toward $8.00 and $8.34.
If $7.50 fails, attention shifts to $7.18. Below there, the recovery weakens and $6.73 returns to focus.
I lean bullish on the recovery, with confirmation still needed. The whale’s purchases are encouraging. Price holding above $7.80 would give me more confidence.