๐ป $UNI Gets Clipped โ Smart Entry or Falling Knife? ๐ช
Uniswap ($UNI ) just dipped to $7.35 (-6.71%), trading near its 24h low after hitting $7.91 earlier. The DeFi giant is seeing strong selling pressure, but is it overdone or just the beginning?
๐ Trading Insights:
Short-term weakness with red candles piling up
Key support around $7.18 โ if it breaks, $7.03 could be tested again
Mixed order book: 36% buyers vs 64% sellers, indicating bearish sentiment
Despite today's drop, $UNI is still up +28% in 30 days and +20% in 90 days
โ ๏ธ Long-term holders are still deep underwater (-53% in 180d, -36% in 1Y) โ fresh entries might get better discounts soon.
๐ Patience could be key โ watch for bounce signals or a strong reclaim of $7.60 to shift bias.
๐จ Disclaimer: Not financial advice. Crypto is volatile. Always do your own research before investing.
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