$UNI saw around $8.75K in long liquidations near $7.0488. The forced exits indicate pressure on leveraged buyers, while the $7.00 area becomes an important level to monitor. A sustained move below this zone could expose further downside liquidity.
Support: $6.90 – $6.80
Resistance: $7.10 – $7.20
Next Target: $6.75
Bias: Bearish below $7.20
If buyers cannot defend support, sellers may retain control. A reclaim of $7.20 would provide an early sign of recovery.
Let's go $UNI 🚀