The cryptocurrency market still feels the effects of global economic tensions, with investor mood fluctuating under the weight of increasing geopolitical risks and trading.
Uniswaps uni -token saw a sharp intraday swing between $ 6.045 and $ 6,385 before stabilizing over $ 6.11, signaling the cautious buyer support, according to Coindesk Research’s technical analysis data model.
Although UNI briefly rebounded after early losses, analysts warn that macroeconomic headwind-inclusive customs advantage and delayed monetary easing can chapter on short-term gains, although the most important technical levels have now.
Technical analysis highlights
- Uni experienced considerable volatility over 24 hours, with prices peaking at $ 6,385 before falling sharply to a low level of $ 6.045, representing a 5.33% range.
- A remarkable resistance zone formed about $ 6.30-6.38, with high -volume sales appearing at these levels, especially within 23:00 hours.
- Support was set up in the range of $ 6.05-6.08, with buyers entering the early hours of June 2nd.
- A falling volume profile and lack of recycling of previous heights suggests that Bearish Momentum can continue in the short term.
- In the last hour of the analysis window, Uni showed a recovery pattern that climbed from $ 6,146 to $ 6,176 for a 0.48% gain.
- Strong support held at $ 6,148–6,152 during a short sale at. 07:35, which reinforces this zone as a key in the short term floor.
- Volume analysis shows renewed purchase interest during the candle 08:00, where the price rose to $ 6,176 on volume above average.
- Uni is currently hovering near $ 6.12- $ 6.18 resistance band; A clear outbreak above this level remains the key to confirming any potential bullish reversing.
