🔻 $UNI is having a bit of a red day.
Price is at 6.91, down by about 7%, which isn’t tiny but also pretty normal for crypto.
If you look at the chart, UNI first climbed up nicely from around 6.49, pushing all the way to 7.86, which was a strong move. But after hitting that high, it started pulling back as people took profits and some short-term traders probably exited.
Now it’s hovering around the average line at 6.90, trying to find some balance. What’s still positive is that it’s holding above the recent low at 6.77. If it can stay over this area and build some strength, maybe it will have another try up. But if it slips under, we might see it move back closer to that 6.49 zone again.
These ups and downs are just part of how the market breathes. It runs up, cools down, lets some traders out, and waits for new buyers to step in.
Anyway, just my own view of the chart not advice, just sharing what I see. 💛