Uniswap’s Token Uni has been under renewed pressure as the early earnings unraveled, sending prices below the critical support zone of $ 6.22.
The day began with an acute rally that led Uni to a maximum intradic of $ 6.44, but the strong sale arose shortly after, erasing the progress.
The change in the structure of the market is produced in the midst of a broader uncertainty linked to macroeconomic events, including monetary policy signs and ongoing commercial tensions.
While Uni had shown signs of resilience earlier for the week, today’s reversion indicates a growing risk aversion among merchants.
Analysts now see $ 6.20 as the final defense line before the potential.
TECHNICAL ANALYSIS
- Uni quoted in a volatile $ 0.22 range between $ 6.22 and $ 6.44.
- A 3.1% rally reached its maximum point at $ 6.44 before the trend was invested.
- Heavy sale at 13:45 caused the price to collapse at $ 6.31 in 244,581 volume.
- Multiple recovery attempts failed, forming lower maximums to $ 6.31, $ 6.30 and $ 6.29.
- The last hour saw Uni fall to $ 6.20, with a bassist volume accelerating at the closure.
- $ 6.22– Support area of $ 6.25 remains key, but now under direct threat.
- The general impulse has become negative with bearish confirmation at $ 6.35.
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