Markets· ★★· bearish·

UNI drops 10.75% and tests $6.11 support

  • —UNI trades at $6.42, intraday low $6.30, high $7.49
  • —Volume of $774.2M is 53.85% above the 30-day average
  • —RSI at 35.5 and stochastic at 8.4 show weakness without a reversal signal
  • —Price is below 7- to 50-day SMAs but above the 90- and 200-day
Why it matters: UNI is losing short-term averages on elevated volume; a break of $6.11 would add pressure, while holding it could set up a rebound.
Source: DiarioBitcoin