Cryptocurrency analyst Boris Vest highlighted the danger of an altcoin correction in his latest analysis.
Cryptocurrency analyst Boris Vest has published a remarkable market analysis for Uniswap (UNI).
According to Vest, UNI has been fluctuating within a wide price range for an extended period, exhibiting deep movements since its all-time high (ATH) in 2021. The current price is $10.24.
According to the analysis, as long positions continue to accumulate, significant liquidation clusters have formed below the price. Vest’s critical levels are:
Vest notes that buying pressure continues, but the price is struggling to move upward. He says this is due to large whales offloading positions with limit orders.
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