UNI Seeks Resistance at $9.20, $9.30 Ahead of $10 Threshold
UNI is nearing its $10 threshold after a sharp recovery from its multi-month low. The token has been steadily increasing in value, with a recent surge that has seen it reach as high as $9.25.
The daily chart shows a sustained recovery from the $2.316 low, with price gradually establishing higher ranges before accelerating above the $5 area. The advance then extended through $6, $7, and $8.
Trading activity on Bitget has intensified during this advance, with trading volume increasing 3.73% alongside the latest price movement. Market capitalization stood near $5.7 billion on the displayed data.
The perpetual liquidation chart provides another view of the market's changing conditions, showing larger events becoming more frequent as price began climbing during August and intensifying throughout September as price approached the $9, $10 region. Both long and short liquidations became larger around the latest advance.