#uniswap
$UNI /USDT trades at $5.569, bouncing slightly after sellers broke the $6.50 floor of the month long range and dragged price straight into the rising trendline from $3.20. That line caught the first wick near $5.65, and it’s now the final support from the entire August rally.

Reclaim $6.10 and price loads a bounce toward $6.50 with $6.90 above. Lose $5.50 and the trendline cracks, with $5.40 and $5.10 waiting below. Range lost, the big trendline is all that’s left.

#UNI #Binance #CryptoNews