UNI jumps 27% in a day to $8.85 on Arc launch and SEC exclusion
- —UNI gained 26.9% in 24 hours and nearly 38% over the week, hitting a local high of $8.85
- —Shorts accounted for $1.81 million of the $2.05 million in UNI liquidations over 24 hours
- —Uniswap launched v2, v3, v4 and UniswapX on the Arc network on September 16
- —The first Fibonacci level is $7.50, followed by $6.70 and $6.00
Why it matters: The rally is supported by the Arc launch and the SEC's allowance for tokenized equities, but an RSI near 76 signals overheating.
Source: Coindoo