$UNI / USDT – Long Liquidation Puts $7.0669 in Focus
UNI recorded a $6.7065K long liquidation near $7.0669. This indicates that some leveraged bullish positions were forced to close, potentially increasing short-term selling pressure. The key question now is whether buyers can defend the nearby price area or sellers will push UNI lower.
Potential Trade Setup
- Entry zone: $7.03–$7.08 after confirmation
- Downside targets: $6.98 / $6.90 / $6.82
- Upside recovery levels: $7.15 / $7.23 / $7.32
- Protective stop-loss: Above $7.16 for a short setup
- Short-term bias: Cautiously bearish below $7.10
Market outlook: A sustained break below $7.00 could expose lower levels. If UNI reclaims $7.15 with strong buying volume, the bearish setup may weaken. Watch the price reaction before choosing a direction.
