UNI

Lookonchain reports that trading company Cumberland sold 9,895,520 UNI tokens worth 16.73 million dollars, with the sell-off beginning after a 10% drop in UNI price, leading to a bearish sentiment.

Currently, the trading price of UNI is nearly 16 dollars, having fallen 24% in the past 14 hours, while the trading volume has increased by 15%, indicating that future prices may continue to decline.

UNI has reached the 16 dollar breakout point and will retest it,

Experts analyze that if it stays above 14.90 dollars, it is likely to rise 20% to 19.75 dollars in the coming days;

If the daily chart closes below 14.90 dollars, it could drop 24% to 11.30 dollars.

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