🚨 $UNI BUYERS CAUGHT OFF GUARD! $60.6K IN LONGS WIPED OUT!
Uniswap ($UNI) has recorded a notable liquidation event, with $60,600 worth of leveraged long positions forcefully closed around $6.821.
This puts the spotlight on buyer strength. Bulls need to defend the nearby demand zone, otherwise sellers could use this weakness to push UNI toward lower liquidity levels.
📊 Liquidation Snapshot
- Coin: $UNI
- Liquidated Position: Long
- Total Wiped Out: $60,600
- Liquidation Price: $6.821
🎯 Critical Trading Levels
- Immediate Support: $6.80–$6.82
- Stronger Support: $6.55–$6.59
- First Resistance: $7.14–$7.20
- Upside Breakout Target: $7.47–$7.55
⚔️ What Could Happen Next?
My short-term view is cautiously bullish if UNI holds the $6.80–$6.82 demand area. A successful defense could trigger a recovery toward $7.14 and potentially $7.50.
However, a decisive breakdown below $6.80 would weaken the bullish setup and expose the $6.55 region.
🔥 SIGNAL PROVIDER'S VERDICT:
Watch the $6.80 battlefield closely. Bulls must protect this level to regain momentum. Until then, avoid aggressive long entries without confirmation.
⚠️ Trade with a defined stop-loss. Liquidation data alone does not confirm a trend reversal.
#UNI
#Uniswap
#CryptoSignals
#BitcoinFiveWeeklyLosses #AIChipSlumpNasdaq
Uniswap ($UNI) has recorded a notable liquidation event, with $60,600 worth of leveraged long positions forcefully closed around $6.821.
This puts the spotlight on buyer strength. Bulls need to defend the nearby demand zone, otherwise sellers could use this weakness to push UNI toward lower liquidity levels.
📊 Liquidation Snapshot
- Coin: $UNI
- Liquidated Position: Long
- Total Wiped Out: $60,600
- Liquidation Price: $6.821
🎯 Critical Trading Levels
- Immediate Support: $6.80–$6.82
- Stronger Support: $6.55–$6.59
- First Resistance: $7.14–$7.20
- Upside Breakout Target: $7.47–$7.55
⚔️ What Could Happen Next?
My short-term view is cautiously bullish if UNI holds the $6.80–$6.82 demand area. A successful defense could trigger a recovery toward $7.14 and potentially $7.50.
However, a decisive breakdown below $6.80 would weaken the bullish setup and expose the $6.55 region.
🔥 SIGNAL PROVIDER'S VERDICT:
Watch the $6.80 battlefield closely. Bulls must protect this level to regain momentum. Until then, avoid aggressive long entries without confirmation.
⚠️ Trade with a defined stop-loss. Liquidation data alone does not confirm a trend reversal.
#UNI
#Uniswap
#CryptoSignals
#BitcoinFiveWeeklyLosses #AIChipSlumpNasdaq