$UNI pump and dump .....
#UNI Primary Analysis by Analyst: 🔥✅️Profit-Taking Near Resistance.
Uniswap (UNI) fell 👎1.16% in 24 hours due to profit-taking near 📍key resistance, competition from BNB Chain’s DEX growth, and 👎bearish technical signals.
📈Profit-taking after testing $7.52 resistance
🟡BNB Chain’s Maxwell upgrade boosted PancakeSwap’s dominance
📉Bearish technicals: RSI at 45.9, MACD negative
👎✖️UNI faced rejection at $7.52 (June 30 high) as traders locked in gains from its 34.6% 60-day rally. 📍✅️🔥The $7.14–$7.17 support-turned-resistance zone saw concentrated selling activity, with 24-hour volume spiking 93% to $540M – a classic sign of distribution.
🫏🐎UNI’s dip👎 reflects tactical profit-taking amplified by BNB Chain’s scaling success and weakening technical momentum. ⚡️🤑The $6.80–$6.90 zone becomes critical – a sustained break below could trigger stops toward $6.50.