Markets· ★★· bearish·

UNI falls 3.76% to $7.11 as volume stays well below average

  • —UNI trades at $7.11, below its 5-day ($7.26) and 20-day ($7.84) moving averages
  • —Volume of $327.9 million versus a 30-day average of $739.73 million
  • —RSI at 41.7, stochastic at 21.1, MACD and histogram negative
  • —Support at $7.09–7.02; reclaiming $7.26–7.30 would be a first stabilization signal
Why it matters: A decline on thin volume does not confirm a reversal, so traders should wait for volume confirmation before treating any bounce as a trend change.
Source: DiarioBitcoin