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$UNI holders, are we actually looking at the bottom here or just another trap?
The price action on this daily timeframe is honestly looking pretty heavy. We’ve been sliding down for weeks and just hit that $3.088 level which seems to be the only thing keeping us from a much deeper correction.
If you look at the recent candles, there is zero aggressive buying volume. We are just bleeding out slowly. For a real reversal, I want to see us reclaim the $3.29 level with some actual conviction.
Until then, this looks like a "falling knife" situation. I'm keeping my hands in my pockets for now because if $3.00 breaks, it could get ugly fast.
Patience is the only play here. Are you guys buying this dip or waiting for more pain?
#GateSquareAprilPostingChallenge