UNI's Price Plummets Toward Critical Support at $3.20
Uniswap's price has been under renewed selling pressure after facing rejection from the $4.40-$4.50 region, causing it to drop back toward a crucial support zone around $3.20.
This area is now critical for buyers as they need to defend it to prevent further downside.
UNI's recent decline has brought the price near this key level, and if it manages to bounce from here, the $3.50-$4.10 region could attract price and become an important battleground between buyers and sellers.
The volume profile also highlights significant trading activity around the $3.50-$3.60 region, making it a crucial resistance area for UNI's recovery.