UNI was still the strongest 1-day mover despite the latest pullback: price was $3.31, up 4.85% on the day and 18.17% over 7 days, ranking first cross-sectionally on the 1-day move, even as it fell 1.22% in the last hour.
And for Uniswap, the outlier: Uniswap's the only major winner on the day, but the board's last price is 3.303 and it's pulled back from earlier highs. Despite the uptrend, price action is stalled, 3.30 to 3.40 is balanced, not directional…
Uniswap's the only major winner on the day, but the board's last price is 3.303 and it's pulled back from earlier highs. Despite the uptrend, price action is stalled, 3.30 to 3.40 is balanced, not directional right now. That means any fast move through this range could be a heads-up for the next trade, but until then it's noise.
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