watch

UNI Drops 9.4% but Long-Term Structure Intact — Watch Support

I see Uniswap (UNI) fall about 9.4% to $10.89 as the broader DeFi space turned bearish, putting the token to the test at critical support levels.

Even with the pullback, UNI is still trading above key moving averages, so the intermediate technical structure remains constructive.

I will watch whether support holds — if it does, a buy-on-weakness setup could emerge; if it breaks, downside risk increases and I would avoid adding exposure.

Source available for registered users Sign Up Free

Analysis

The 9.4% decline signals elevated short-term risk as DeFi selling pressure mounts, yet UNI's position above major moving averages keeps the intermediate trend intact. Key support levels and on-chain/v...

Recommendation

I will watch price and volume around current support; consider a buy-on-weakness only if support holds with confirming signals, otherwise avoid new long positions until structure is confirmed.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: