UNI Holds Near $7.50 as New Short Signals Emerge Below $7.65
Bearish momentum and selling‑skewed flows keep downside risk in focus, with $7.18 seen as the key pivot.
Overview
- Traders flagged a fresh short setup around $7.59–$7.62 with a stop at $7.64 and near‑term targets at $7.58 and $7.55, reflecting repeated failures to clear resistance near $7.60.
- UNI is oscillating in a tight $7.40–$7.65 range, with $7.49 marking a flat 24‑hour print and immediate resistance now clustered near $7.50–$7.55.
- Technical readings remain negative, including a confirmed MACD bearish crossover, an RVI near 16.5, narrowing Bollinger Bands, and a CMF of –0.13 signaling capital outflows.
- Market data show a $4.48 billion market cap and $373 million in 24‑hour volume, indicating active trading that leans toward selling.
- Key levels remain unchanged: a firm hold at $7.18 could fuel a bounce toward $8.20, while a breakdown risks a slide into the $6.50–$6.80 demand zone after repeated rejections in the $8.20–$8.50 band.