Volume spikes without social hype often precede cleaner moves.
$UNI trades at $7.313, gaining 4.25% in 24 hours on $30.11M volume. Hourly volume just hit nearly 4x the 23-hour average as price pushed past the prior range high of $7.228, reaching a 7.303 close.
A bullish continuation scenario requires holding above that old 7.228 boundary. Conversely, slipping back under the 6.924 range low invalidates the breakout thesis.
Will you wait for a retest of the breakout zone, or does chasing this volume spike increase your downside risk?
Tap $UNI for the live chart. #UNI #BinanceSquare
$UNI trades at $7.313, gaining 4.25% in 24 hours on $30.11M volume. Hourly volume just hit nearly 4x the 23-hour average as price pushed past the prior range high of $7.228, reaching a 7.303 close.
A bullish continuation scenario requires holding above that old 7.228 boundary. Conversely, slipping back under the 6.924 range low invalidates the breakout thesis.
Will you wait for a retest of the breakout zone, or does chasing this volume spike increase your downside risk?
Tap $UNI for the live chart. #UNI #BinanceSquare