$UNI Liquidation Alert
Uniswap posted $62.86M in liquidations, showing that volatility is returning to the market. Short sellers are facing increasing pressure as buyers continue defending important support zones. UNI trades near $3.996, where a successful breakout could attract fresh momentum and force additional short positions to close. However, failure at resistance may invite profit-taking and create a temporary pullback before another bullish attempt. The current market structure favors buyers, but leverage remains high, making sharp price swings likely.
Stats: Liquidation: $62.86M Current Price: $3.996
Targets: TG1: $4.08 TG2: $4.18 TG3: $4.30
Support: $3.90 then $3.80
Pro Trader Tip: Trade only after breakout confirmation. Avoid overleveraging during liquidation spikes and focus on protecting capital before chasing higher returns.
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