Binance UNI Reserve Hits New High as Inflow Surge Fuels Buying Pressure

The UNI reserve on Binance has reached its highest level since June 25. This comes as UNI, which recently plummeted from $10.90 to $8.90, has rebounded by about 72% from its low point.

A significant influx of approximately 4.11 million UNI into Binance in September is believed to be contributing to the surge in demand for the asset. Market analysts are currently watching for support levels between $8.50 and $8.70, as well as a resistance band between $9.50 and $10.