$UNI
Showing Strength Amid Market Moves
UNI is trading around $6.15, up over 4% in the last 24 hours. While it’s still below the 24-hour high of $6.514, the current push upward is a good sign of buyer interest holding steady.
The volume tells an interesting story: 1.69M UNI and over $10M in USDC pairs changed hands today. That kind of activity often points to real conviction behind the move.
Looking at the chart, the price is currently sitting just above the 25-period moving average (~$6.227), which can act as a near-term support level. The fact that it’s holding above the recent low of $5.861 is encouraging.
Zooming out, UNI has faced pressure over the past weeks, like much of the market. But short-term momentum seems to be shifting. The 7-period MA is now above the 25-period MA, which some traders watch for near-term trend alignment.
It’s always important to keep the bigger picture in mind. Markets move in cycles, and resilience after a pullback can be a constructive sign. As always, do your own research and trade with a plan.
What are your thoughts on UNI’s structure here? Let’s keep the conversation respectful and insightful
