UNI has recently experienced a significant abnormality in trading volume, with transaction volume surging by 352.7% within 30 minutes. This sudden increase in volume often indicates that the market may be about to move.
As of now, UNI is quoted around 5.747 USDT. From a technical perspective, the key support level on the 1-hour chart is at 5.731, only 1.31% away from the current price. A broader support zone is distributed between 5.613 and 5.666, with relatively complete bullish defense.
This position is worth paying attention to. If you want to go long, consider positioning around 5.731, targeting the resistance level above at 5.894. The sharp increase in volume combined with the appearance of technical support is usually an important signal before a market move. The subsequent trend still requires continuous observation of this coin's performance.
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MEVHunter
· 11h ago
volume spike 352% in 30min? nah that's just toxic flow from some whale testing the waters... mempool's probably already saturated with limit orders waiting to sandwich this move tbh
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PumpBeforeRug
· 11h ago
The volume is expanding so rapidly, it feels like either a surge or a crash. Betting that 5.731 can hold.
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ApeDegen
· 11h ago
With such strong volume, I need to take a look at the 5.731 level.
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OfflineNewbie
· 11h ago
The trading volume surged so violently, it feels like something is about to move.
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Holding at 5.731 is stable, otherwise just run.
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It's the same technical analysis explanation again. Last time it was the same, and it got cut in half.
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Damn, they want me to buy the dip again. Why am I always the bag holder?
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352% volume? There must be big players dumping. Be careful.
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If it breaks the level, just exit. Don't listen to the nonsense about support levels.
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Target 5.894? Dream on, or is it real?
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Bullish defense is complete nonsense. It will break in a few moves.
UNI has recently experienced a significant abnormality in trading volume, with transaction volume surging by 352.7% within 30 minutes. This sudden increase in volume often indicates that the market may be about to move.
As of now, UNI is quoted around 5.747 USDT. From a technical perspective, the key support level on the 1-hour chart is at 5.731, only 1.31% away from the current price. A broader support zone is distributed between 5.613 and 5.666, with relatively complete bullish defense.
This position is worth paying attention to. If you want to go long, consider positioning around 5.731, targeting the resistance level above at 5.894. The sharp increase in volume combined with the appearance of technical support is usually an important signal before a market move. The subsequent trend still requires continuous observation of this coin's performance.