The UNISWAP UNISWAP token has undergone renewed pressure as early gains collapsed, sending prices below the critical support area of $ 6.22.
The day started with a net rally which pushed united to an intra -day summit of $ 6.44, but high sales emerged shortly after, erasing the advance.
The change of structure of the market occurs in the middle of a broader uncertainty linked to macroeconomic events, in particular monetary policy signals and current trade tensions.
While the UNI had shown signs of resilience earlier in the week, today’s inversion indicates the increase in risk aversion among traders.
Analysts now consider $ 6.20 as the final line of defense before the increasing potential.
Strengths of technical analysis
- Uni exchanged in a volatile variety of $ 0.22 between $ 6.22 and $ 6.44.
- A gathering of 3.1% culminated at $ 6.44 before the reversal of the trend.
- The heavy sale at 1:45 p.m. caused a price collapse at $ 6.31 on 244,581 volume.
- Multiple recovery attempts have failed, forming heights below $ 6.31, $ 6.30 and $ 6.29.
- The last hour saw it falling at $ 6.20, the speeding volume accelerating at the end.
- $ 6.22 at $ 6.25 The support area remains the key, but now under direct threat.
- The overall momentum has become negative with a lower confirmation at $ 6.35.
Non-liability clause: Parties of this article were generated with the help of AI tools and examined by our editorial team to guarantee the accuracy and membership of Our standards. For more information, see Complete Coindesk AI policy.
