UNI's recent pullback has sparked quite a bit of discussion. The current price is around $5.610000, and from a technical perspective, the RSI is at 34.0, indicating an overall correction trend.



As the governance token of a leading DEX platform, UNI's core competitiveness lies in its innovative automated market maker mechanism. The founders have recently elaborated on the sustainability of this system, which still provides confidence for long-term holders.

On the technical side, this wave of correction may be entering oversold territory. Looking at the support level at $5.385600 and resistance at $5.834400, the key breakout point is at $5.750200. If the support holds, there is room for a rebound. Upward, $6.000000 is a significant target.

From a trading perspective, the current pullback indeed presents opportunities. Some traders are adopting a strategy of entering in batches around $5.385600, with a stop-loss set at $5.200000 to manage risk. Once the resistance at $5.750200 is broken, the case for holding further becomes stronger. Conversely, if the support is broken, it’s important to exit decisively.

Ultimately, the long-term logic for top DEX tokens like UNI remains intact, but the short-term technical trend warrants attention. Key support at $5.385600 and resistance at $5.834400—what are your thoughts on these levels?
UNI-3,64%
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GateUser-0717ab66vip
· 01-10 21:10
UNI's recent drop is indeed quite sharp, but I think holding long-term is still the way to go. After all, the DEX track's logic is still intact, and it's unlikely to crash.
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¯\_(ツ)_/¯vip
· 01-10 05:58
RSI is only 34? That must be a pretty strong dip, but long-term holders should be celebrating now. It's time to scoop up chips at the bottom.
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BearEatsAllvip
· 01-08 09:54
UNI this wave feels a bit stuck... RSI 34 does have a bit of an oversold vibe, but I still have some doubts about whether it can bounce back to $6. But to be honest, the long-term logic is there, so we'll just hold on. Anyway, it's not like we lose much in these two or three months.
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LightningPacketLossvip
· 01-08 09:53
UNI's oversold situation this time is really extreme. It almost touched 5.38 and you're still hesitant? I already got in at different price points, just waiting to cut losses at 6 bucks.
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RunWhenCutvip
· 01-08 09:52
UNI at this price level is quite awkward, I dare not buy in... --- RSI is only 34, it feels like it can still fall further. Where is the bottom? --- Long-term logic looks good, but what’s the use now? I’m losing money, brother. --- If 5.38 can’t hold, just liquidate directly. It’s not that complicated. --- What kind of innovative mechanism is this? No matter how nice it sounds, it’s still following the market downward. --- The idea of entering in batches has become tiresome; it’s often the case that the more it falls, the more trapped you get. --- 6 dollars seems too far away. Let’s first see if we can hold at 5 dollars.
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