⚠️ #UNI LIQUIDATION ALERT
🔴 $94.8K in LONG positions just got wiped out at $8.640 — a clear sign that leveraged buyers were caught on the wrong side of the move.
📉 Market Read: This liquidation can increase short-term selling pressure, but it may also create a reset in leverage.
🎯 Next Move to Watch:
• If UNI holds around $8.60–$8.64, a relief bounce could develop.
• A decisive break below this zone may expose UNI to further downside.
• Reclaiming nearby resistance with strong volume would improve the bullish setup.
🔥 Signal Bias: CAUTIOUS — wait for confirmation rather than chasing the liquidation candle.
#UNI #Uniswap #Crypto #Liquidation #Trading #Altcoins
🔴 $94.8K in LONG positions just got wiped out at $8.640 — a clear sign that leveraged buyers were caught on the wrong side of the move.
📉 Market Read: This liquidation can increase short-term selling pressure, but it may also create a reset in leverage.
🎯 Next Move to Watch:
• If UNI holds around $8.60–$8.64, a relief bounce could develop.
• A decisive break below this zone may expose UNI to further downside.
• Reclaiming nearby resistance with strong volume would improve the bullish setup.
🔥 Signal Bias: CAUTIOUS — wait for confirmation rather than chasing the liquidation candle.
#UNI #Uniswap #Crypto #Liquidation #Trading #Altcoins