Uniswap’s UNI Trades at $7.70 as Sell-Side Flow Contrasts With Gain
Photo: TokenPost
Uniswap’s UNI traded at $7.70 on Binance spot on Oct. 12, rising 2.23% over 24 hours as sell-side taker volume contrasted with the intraday gain and open interest declined in futures markets. UNI moved between $7.49 and $7.90 during the period, placing the token near the midpoint of that range. The market snapshot showed immediate support at $7.49, stronger support at $7.28 and lower-band support at $7.10. Resistance was identified at $7.90, followed by stronger resistance at $8.11. The reported moving averages presented a mixed picture. UNI’s seven-day simple moving average was $7.71, while its 20-day average was $8.66.
Source: TokenPost
