Volume dried up to 0.39x average as $UNI dropped 4.96% to $5.619. 📉
Recent hourly closes sit at 5.713 with a 24-hour range spanning from a low of 5.637 up to 6.06.
A bullish stabilization scenario depends on reclaiming the 6.06 high with rising volume. Conversely, a sustained break below the 5.637 low invalidates the recovery setup and signals deeper downside risk.
Will you wait for a confirmed reclaim of 6.06, or are you tracking the 5.637 level for a breakdown?
Tap $UNI for the live chart. #UNI #BinanceSquare
Recent hourly closes sit at 5.713 with a 24-hour range spanning from a low of 5.637 up to 6.06.
A bullish stabilization scenario depends on reclaiming the 6.06 high with rising volume. Conversely, a sustained break below the 5.637 low invalidates the recovery setup and signals deeper downside risk.
Will you wait for a confirmed reclaim of 6.06, or are you tracking the 5.637 level for a breakdown?
Tap $UNI for the live chart. #UNI #BinanceSquare