UNI Price Surges as Smart Money Loads Up
UNI's price is currently holding above its entire moving average stack at $4.09, despite a 2% intraday fade.
This technical reality check shows that UNI is trading above every single meaningful time frame, including the SMA 7, SMA 20, SMA 50, and SMA 200.
The MACD histogram has flatlined to zero, indicating that bulls haven't surrendered the wheel but are clearly coasting.
The Stochastic paints a fresh bullish signal, with %K crossing %D at 72, while the Bollinger Band structure sharpens the picture considerably, with UNI pressing the upper half of its range.
In the derivatives market, open interest shed 7.05% in a single session, indicating forced deleveraging, but top traders are still skewed to one side, with 61.8% long exposure.