โ ๏ธ๐จ ALERT: $UNFI TO BE DELISTED โ APPROACH WITH CAUTION! ๐จโ ๏ธ
The UNFI/USDT pair will be delisted on November 6, 2024, at 08:00 UTC+5, adding significant risk for traders. Currently priced at 1.420, UNFI has shown recent volatility, with a 24-hour low of 1.387 and a high of 1.565. This upcoming delisting could lead to increased price swings as traders adjust positions.
๐ก Key Levels to Watch NOW: ๐ก
๐ง Immediate Resistance: 1.565 โ Breaking above this level could signal a last-minute rally for those still trading UNFI, though caution is advised given the delisting notice.
๐ Critical Support: 1.338 โ A drop below this level could lead to further declines as selling pressure intensifies, especially as delisting approaches.
๐ฏ Target 1: 1.480 โ A minor resistance level that may be tested if buying interest emerges despite the impending delisting.
๐ฏ Target 2: 1.600 โ A higher resistance level, indicating a possible recovery attempt, but unlikely to hold given the delisting impact.
๐ฏ Target 3: 1.800 โ A significant level that would represent a strong rally, though reaching this point is uncertain under current conditions.
๐ DELISTING RISK โ WHAT'S NEXT? ๐ฎ
โ ๏ธ Potential Downside: As the delisting date nears, selling pressure is likely to increase, pushing prices lower. Traders may close positions to mitigate risk, leading to heightened volatility.
๐ Short-Term Opportunity: Some speculative buying may arise if prices approach key support levels, but this would carry high risk due to the delisting announcement.