After UNI reached a 24-hour high of 13.797, the price increased by 11.96% and is currently retracing to 12.554.
Recent signs of retracement indicate that the market is experiencing profit-taking, and the current price is testing the key support level of 12.543.
If this support level holds, UNI may rebound and challenge the level of 13.000 again.
However, if the price falls below 12.500, it could trigger further downside, with the next support level potentially at 12.200.
Given the current strong trading volume, traders should closely monitor price movements to seize potential reversal or continuation opportunities in a timely manner.
