$UNI USDC update
UNI rejected sharply from the 6.50 area and is now sliding lower, with price back below short-term moving averages on the 15m. The structure shows fading momentum after the spike, and sellers are pressing toward key support.
Price is currently holding near the 6.12–6.15 zone. This level is critical. A clean breakdown could expose the next support near 6.00. For any bounce to gain strength, UNI needs to reclaim 6.28–6.32 and hold above it with volume.
Until that happens, bias remains cautious with downside risk still in play.
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