UNI is trading at $3.9237, down 3.24%, with $19.01M in 24h volume. Selling pressure is strong, and the token is approaching the important $4 psychological zone from below. The screenshot does not show long or short liquidation totals, so I will not invent them. For now, bears have the advantage unless buyers reclaim nearby resistance.
Market view: bearish below $4.00. A decisive move above $4.05 could trigger short covering and shift momentum.
TG1: $4.10
TG2: $4.22
TG3: $4.35
If $3.88 breaks, downside could accelerate toward $3.75 and then $3.60.
Pro tip for pro traders: the $4 level can become a liquidity magnet. Watch for a false breakdown below $3.88 followed by an immediate reclaim. That setup can trap shorts and produce a fast recovery. Conversely, sustained trading below support with rising open interest signals increased liquidation risk. Do not chase weakness simply because UNI looks oversold. Wait for confirmation, control leverage, and let volume validate.
