$UNI is still on my radar. ๐
Price is $4.17 and the tape is weak on the day, but thatโs exactly why Iโm watching it. Down 0.36% with only $35.38M printing, while the 4h is still green at +0.8% and RSI sits at 63.
That setup matters.
Itโs above the 20d and 50d MA, 71% up its 30d range, and only 9% off the high. Funding at 0.010% means longs are still paying, so this isnโt some dead chart yet. Volume is only 0.8x its 20d average, which is the part people sleep on. If spot buyers show up, this can move fast. โก๏ธ
#Uniswap
#DeFi
Price is $4.17 and the tape is weak on the day, but thatโs exactly why Iโm watching it. Down 0.36% with only $35.38M printing, while the 4h is still green at +0.8% and RSI sits at 63.
That setup matters.
Itโs above the 20d and 50d MA, 71% up its 30d range, and only 9% off the high. Funding at 0.010% means longs are still paying, so this isnโt some dead chart yet. Volume is only 0.8x its 20d average, which is the part people sleep on. If spot buyers show up, this can move fast. โก๏ธ
#Uniswap
#DeFi