Uniswap (UNI) drops to $7.82 and tests support amid broad sell-off
- —UNI trades at $7.82 with a reported 11.83% daily drop
- —Price is below SMA-7, SMA-15 and SMA-30, and under the $7.93 intraday VWAP
- —Volume of $700.99 million is 16.77% below the 30-day average
- —RSI at 45.2 does not confirm oversold conditions; stochastic at 3.9
Why it matters: A break below short-term moving averages on weak volume raises the risk of further downside if the $7.72 support fails.
Source: DiarioBitcoin