Uniswap (UNI) has slipped below the crucial $6.7 support level, raising concerns about a potential extended downturn. This breakdown comes amid increasing selling pressure, signaling that the bulls may be losing their grip on the market. With volatility rising and market uncertainty growing, the next few trading sessions will be crucial in determining whether UNI can bounce back or if a prolonged downtrend is on the horizon. Will the bulls reclaim lost ground, or is UNI heading for even lower levels? Price Action and Technical Indicators Flash Warning Signs UNI’s price action is showing clear signs of weakness as the token struggles to regain momentum after breaking below the $6.7 support level. The recent downturn has intensified bearish sentiment, with sellers dominating the market and pushing UNI toward lower support levels. If buying pressure doesn’t return soon, further losses could be imminent. Related Reading: Uniswap Bleeds 20%—Is This Whale Behind The Drop? The asset has dropped below its 100-day Simple Moving Average (SMA), a key long-term support level. This breakdown suggests a potential shift toward a broad ..
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 In Trouble? Price Crash Below $6.7 Signals Bigger Problems){kind=link}