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UNI Tests $7.45 Support as MACD Stalls and Sell Pressure Surges – Is a Buy Zone Imminent?

From Jornal Bitcoin · · Originally reported by Blockchain.news

UNI Tests $7.45 Support as MACD Stalls and Sell Pressure Surges – Is a Buy Zone Imminent?

Uniswap technical analysis shows the UNI token trading at $7.45 on Binance spot, hovering near its lower Bollinger Band while the MACD indicator flatlines and aggressive taker sell volume outpaces buying pressure.

The latest UNI price prediction hinges on whether the token can break above the Bollinger Band support, with Arrieche’s buy zone acting as a key level; if buying pressure resumes, a bounce could follow, but the ongoing sell pressure buildup keeps bears in control, prompting traders to watch the broader crypto market outlook for cues.

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