Uniswap (UNI) launched a testnet of their L2 blockchain "Unichain" today. The mainnet is planned to launch in late 2024.

Release quote:

"Fast blocks (250ms), cross-chain interaction and a decentralized network of validators. Designed as a place for liquidity across all networks"

The price of #UNI, by the way, has been growing against the market in recent days. But it looks like this upward movement will soon come to an end. There is just a reason to "sell on the news". And in general, the market is not conducive to growth.

On the four-hour TF - Strong Signal of a potential high. A trading idea suggests itself to short with a stop at the high of the current four-hour candle, upon its closing. Clues to the start of a downward movement can be signals for a transition to a downtrend on younger TFs and a breakout of local trend supports for this growth. $UNI