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Karotin
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UNI surged to about $10.9 a few days ago before quickly falling back, once dropping to around $9; it has now rebounded to about $9.7. The market shows that profit-taking after the sharp rise is still being digested, but buying interest has also appeared near $9.
In the short term, watch if it can retake $10. If it holds above that, there is a chance to challenge the previous high of $10.9 again; if the rebound is blocked, whether support near $9 can hold becomes crucial. UNI is currently quite volatile, so I’m more focused on the price structure after the pullback rather than just a single rebound.
#UNI #Uniswap #DeFi #Crypto
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