$UNI Long Liquidation: $19.75K at $14.8718
Uniswap (UNI) faced a significant liquidation of $19,750 as its price hit $14.8718.
This marks a pivotal moment for the coin, with traders closely watching its next move.
Key Details About $UNI :
Utility: UNI powers Uniswap, a leading decentralized exchange.
Current Sentiment: Increased sell pressure led to this liquidation, signaling short-term bearishness.
Next Move:
The market might remain volatile. If sell-offs continue, UNI could dip further.
However, a rebound is possible if bulls defend critical levels.
Support and Resistance Levels:
Support: $14.50 – A strong buying zone.
Resistance: $15.30 – A tough level for UNI to break.
What to Do:
Buy: Consider buying if $UNI stays above $14.50, signaling stability.
Sell: Sell if it struggles to cross $15.30, indicating further downside risk.
Keep an eye on the market trend and trade cautiously.