I was watching $UNI today, and one detail caught my attention. Uniswap is trading around $7.30, sitting close to its MA99 at $7.296, while the MA7 and MA25 remain above the current price.
That creates an interesting situation. Buyers have a level to defend, but sellers still have short-term momentum.
The question is not simply whether UNI can bounce. Can buyers reclaim $7.47 and $7.58 with convincing volume? Or will the MA99 support finally give way?
I am watching confirmation rather than chasing a quick move. What matters more here, support strength or buying volume?
#Uniswap #UNI #DeFi
That creates an interesting situation. Buyers have a level to defend, but sellers still have short-term momentum.
The question is not simply whether UNI can bounce. Can buyers reclaim $7.47 and $7.58 with convincing volume? Or will the MA99 support finally give way?
I am watching confirmation rather than chasing a quick move. What matters more here, support strength or buying volume?
#Uniswap #UNI #DeFi
