Markets· ★★· neutral·

UNI Rises 4.29% on October 10 but Stays Below Short-Term Averages

  • —UNI trades at $7.63, up 4.29% on the day
  • —Volume of $485.5 million is 43.83% below the 30-day average
  • —RSI at 44.6 and bearish MACD point to fragile short-term momentum
  • —Price sits below SMA-7 ($8.22), SMA-15 ($8.73) and SMA-30 ($8.29)
Why it matters: The rebound lacks volume confirmation, so UNI needs to reclaim its short-term averages before a trend reversal can be called.
Source: DiarioBitcoin