Despite the entire crypto market currently showing signs of strength, Uniswap’s governance token – called UNI – has been struggling throughout the past day, with sellers gaining full control of its near-term trend. The token is currently in the process of invalidating its bullish market structure as its price dives lower. This latest decline has caused it to break below a key level that was previously stopping it from seeing any further downside. One analyst is now stating that UNI is “in trouble” as it navigates below this key level.…
Uniswap’s UNI Token is “In Trouble” as It Breaks Below Crucial Support
