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UNI Price Plummets 6.38% as Support Hangs in Balance

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UNI
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UNI's price has taken a significant hit, plummeting by 6.38% in a single session to settle at $4.08.

The critical support level of $3.98 remains intact, but for how long?

A look at the technicals reveals a MACD dead zone, with both the MACD line and signal line stuck at an identical 0.2321, and a histogram reading zero.

This is not consolidation, but momentum hitting a wall before it picks a direction.

The RSI at 61.6 offers no safety net for late longs if selling resumes.

However, UNI remains above every meaningful moving average, with the SMA 7 at $4.05, the SMA 20 at $3.79, the SMA 50 at $3.36, and even the SMA 200 at $3.53 all providing structural support.

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