⚠️ #Uniswap $UNI #LONG 🚀 #Pumping +251% 💸🤔 Rationale:
⚠️ On-chain analysis
▶️The foreign exchange reserve continues to grow, indicating increased selling pressure. ↘️
▶️Global entry/exit of money * Shows all addresses where ⭐️ASSETS are currently stored.
🔥 Elimination heat map:
▶️Magnetic Zone: A concentration of liquidation levels in a certain price range can indicate that price is likely to move towards that zone.
📈Technical characteristics:
The RSI indicates an oversold condition in which 80.00% of the price movement in the last 2 weeks has been downward and a trend reversal may occur.
⚠️Commentary The price of UNI fell 13.60% in the last 7 hours after the SEC sent Wells a notice to Uniswap Labs indicating that litigation may be pending.