buy

Uniswap (UNI) $340K Short Liquidated at $12.12

I spotted a notable UNI short liquidation: a $340,000 short position was liquidated at $12.12 on Uniswap (UNI).

Source available for registered users Sign Up Free

AI Analysis

The reported liquidation of a $340,000 short at $12.12 on UNI signals that bearish bets were forcefully closed at that price level. Large short liquidations can momentarily push price higher as stop-l...

AI Recommendation

Given the liquidation, I view this as a bullish technical signal but recommend caution. Consider initiating a modest long exposure or adding incrementally only after observing follow-through buying or...

Disclaimer

The AI 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: