Uniswap drops 11% to $9.38, key support at $9.01
- —UNI slid 11.08% in 24 hours to $9.38 after last week's rally
- —Exchange reserves fell 10.65% to about $1.05 billion
- —Longs make up 67.44% of Binance top traders' positions, L/S ratio at 2.07
- —Spot volume dropped 19.3% to $1.73 billion, Fear and Greed Index eased to 73
Why it matters: Holding the $9.01 support would keep UNI's bullish structure intact; a break lower risks a deeper retracement.
Source: AMBCrypto