📉 $UNI · 4H
The $7.78 area held twice over the last two weeks and is being tested again. $UNI is at $7.81, under both its 20 and 50 4-hour averages. Price is down in the lower third of that range. The floor is 0.4% away and the ceiling is nowhere close. The 20 crossed below the 50 recently, for only 10 candles, so this leg is still young. RSI at 21 is deep in oversold territory. Over the past day it has traded between $7.78 and $8.83, sitting near the bottom of it now. Participation is light at about 0.5x average volume. Down 11.4% over 24 hours.
⚠️ DYOR
$UNI #Binance
The $7.78 area held twice over the last two weeks and is being tested again. $UNI is at $7.81, under both its 20 and 50 4-hour averages. Price is down in the lower third of that range. The floor is 0.4% away and the ceiling is nowhere close. The 20 crossed below the 50 recently, for only 10 candles, so this leg is still young. RSI at 21 is deep in oversold territory. Over the past day it has traded between $7.78 and $8.83, sitting near the bottom of it now. Participation is light at about 0.5x average volume. Down 11.4% over 24 hours.
⚠️ DYOR
$UNI #Binance
