$UNI Long Liquidation: $5.9658K at $6.0938
Long traders were caught as UNI failed to hold support and dropped sharply. Buyers expected continuation, but selling pressure increased and forced a clean liquidation below the range. Liquidity was taken quickly, showing weakness in short-term price structure.
Entry (EP): $6.22
Take Profit (TP): $5.78
Stop Loss (SL): $6.38
Market Outlook:
$UNI I is under short-term bearish pressure after losing a key support level. If price stays below the liquidation zone, further downside or sideways movement is likely. Wait for a strong reclaim before considering new longs, and manage risk strictly.
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