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Uniswap Price Rebounds as Whale Invests $2M in UNI, What’s Next?

source-logo  coingape.com 10 July 2024 20:45, UTC

Amid the recent market recovery, the Uniswap price correction managed to stabilize above $7.5 support. While the price trajectory is still sideways, the long-tail rejection in the daily chart shows buyers are preventing major correction. An analysis of the daily chart shows ongoing correction assists in the formation of a bullish continuation pattern called a symmetrical triangle. Should you buy this dip?