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Uniswap Drops 9.4% — Watch Critical Support

I see Uniswap (UNI) sliding about 9.4% to $10.89 as DeFi markets turn broadly bearish, putting nearby support levels under pressure.

That said, UNI remains above key moving averages, so the technical structure hasn't broken yet and a rebound is still plausible if support holds.

I'm watching volume and price action around the critical support zones before adding exposure; until then I prefer to wait for clearer confirmation.

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Analysis

UNI’s 9.4% decline mirrors sector-wide weakness; staying above key moving averages signals that bullish structure is intact but fragile — a break of immediate support could lead to further downside.

Recommendation

Monitor support and volume for stabilization. Avoid new longs until confirmation of a rebound; consider small, disciplined buys only after clear support holds.

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.

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