$UNI Short Liquidation Update
A short liquidation worth $7.2771K occurred at $17.5351.
Traders who expected UNI’s price to drop were forced to close their positions as the price surged.
What Could Happen Next?
1. Bullish Momentum:
The liquidation suggests buyers are driving the price higher.
UNI might target new resistance levels above $17.5.
2. Resistance Watch:
Around $17.5–$18 could be a critical zone where sellers might appear.
3. Increased Volatility:
Liquidations often bring sudden price swings, so prepare for rapid moves.
What Should You Do?
Monitor Key Levels: Watch $17.5 closely for confirmation of a breakout or pullback.
Use Risk Management: Set stop-losses to protect against sudden reversals.
Stay Updated: Follow market news that could impact UNI's price.
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