$UNI Liquidation Shockwave!
A $55.1K long position on $UNI was liquidated at $11.93, sending waves through the market as bearish momentum takes hold.
This significant event signals heightened volatility and a crucial moment for traders and investors alike.
Key Details:
Critical Breakdown: The liquidation at $11.93 indicates a failure to hold this level as support, suggesting that sellers are tightening their grip.
Market Sentiment: Bulls are under pressure, with this liquidation potentially sparking further downside as confidence wavers.
Suggested Next Move:
For Traders:
Monitor the $11.90 level closely. If it breaks, look for the next support zone around $11.50–$11.70.
Consider shorting opportunities but remain cautious of potential dead-cat bounces.
Watch for whale accumulation or reversal signals before re-entering long.
For Long-Term Holders:
This could present an opportunity to buy at lower levels if the price retraces further.
Keep a close eye on broader market trends for signs of a sustained bearish cycle.
The fight for $UNI next move is heating up—brace for action!