UNI is exhibiting bearish signals as a potential double top pattern emerges on the 4-hour chart. The cryptocurrency's price has dipped below the Bollinger midline, while the Commodity Channel Index (CCI) approaches -100, indicating increased downward momentum. Resistance is currently at $6.1, and failure to surpass this level could push UNI towards $5.7, aligning with the double-bottom neckline. Traders are closely monitoring top altcoins for further market cues.
UNI Faces Bearish Pressure with Potential Double Top Formation
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