UNI +41.71% in 24 Hours Amid Market Volatility

On SEP 2 2025, UNI rose by 41.71% within 24 hours to reach $9.654, UNI dropped by 626.87% within 7 days, dropped by 238.07% within 1 month, and dropped by 2909.46% within 1 year.

Recent on-chain data indicates a notable shift in market sentiment toward UNI over the past day. Following a prolonged bearish trend, the token saw a sudden reversal in trader positioning. This sharp increase was driven by a combination of short-term liquidations and a reallocation of capital from stablecoins to higher-risk digital assets. The move did not stem from any fundamental news about the protocol but rather from macroeconomic positioning adjustments by traders reacting to broader market cues.

Over the last week, however, this bullish momentum has not held. Technical indicators such as the 50-period and 200-period moving averages have remained in a strong downward trend, and the RSI has shown overbought conditions followed by rapid sell-offs, indicating a potential exhaustion of the short-term buyers. The prolonged drawdown of nearly 627% over the past week has pushed the price further into correction territory, raising concerns about near-term support levels. Analysts project that the next critical price level to watch is $8.50, a key psychological and technical floor.

Backtest Hypothesis

To assess the sustainability of such short-term spikes and to evaluate potential entry and exit strategies, a backtesting approach is often employed. In the context of UNI, a hypothetical strategy could involve identifying patterns where the price breaks out from a defined support level with high volume and then follows a specific trailing stop mechanism. The idea is to capture the initial upward thrust and manage risk during inevitable pullbacks. This method aligns with the recent 24-hour price movement but also accounts for the subsequent sell-off by defining exit conditions based on technical resistance and volatility thresholds.