UNI drops 5.26% from open to $7.37, tests $7.34–7.35 support
- —UNI at $7.37: down 5.26% from the open but up 0.41% from the $7.34 close
- —24-hour volume of $583.01 million is 32.98% below the 30-day average
- —Price below SMA-7 ($7.62), SMA-15 ($8.33) and SMA-30 ($8.42); RSI at 42.4
- —Uniswap v3 and v4 account for 47.2% of stablecoin volume on DEXs
Why it matters: UNI is pinned to its 50-day SMA of $7.34: a break opens the door to $7.02, while a reclaim of $7.50–7.62 would ease the bearish setup.
Source: DiarioBitcoin