That drop probably woke a lot of people up. $UNI fell 15.7% in a day, to 4.87—just a hair above the 24-hour low of 4.62.
In other words, it was at 5.78 yesterday, and today it’s hovering right near the low. Anyone holding it must be feeling pretty rough. 24-hour trading volume came in at $68.1M, with sellers making their voices heard through volume. A drop like this is much more painful than a slow bleed.
I could be wrong, but this sell-off has been so sharp and concentrated that, in the short term, it looks a little oversold. But oversold doesn’t mean it’s done falling. The key level is 4.62: if it holds, there’s room to catch a breath; if it breaks, it breaks.
For those holding $UNI , be honest: are you more tempted to buy the dip, or to get out?
$UNI
#行情分析 #UnusualMove
In other words, it was at 5.78 yesterday, and today it’s hovering right near the low. Anyone holding it must be feeling pretty rough. 24-hour trading volume came in at $68.1M, with sellers making their voices heard through volume. A drop like this is much more painful than a slow bleed.
I could be wrong, but this sell-off has been so sharp and concentrated that, in the short term, it looks a little oversold. But oversold doesn’t mean it’s done falling. The key level is 4.62: if it holds, there’s room to catch a breath; if it breaks, it breaks.
For those holding $UNI , be honest: are you more tempted to buy the dip, or to get out?
$UNI
#行情分析 #UnusualMove