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Uniswap's price drops 7% amid whale selling and market fear, key resistance at $7.13 and $7.80 to watch.

Market News
07 Nov 2026, 05:00 WIB
AMBCrypto
View Source
Bearish
Uniswap's price drops 7% amid whale selling and market fear, key resistance at $7.13 and $7.80 to watch.

Uniswap (UNI) experienced a 10.80% drop in Open Interest and a 7% price decline as a whale sold 1 million UNI tokens worth $7.32 million, amid broader market fear. The altcoin market has been bearish, with a $173.74 billion drop in market cap over the past month and Bitcoin retracing from $87k, increasing selling pressure. UNI faces resistance levels at $7.13 and $7.80, with a potential drop toward $5.80 if bearish momentum continues. A close above $7.80 would signal a return of bullish momentum, while a drop below $6.45 would confirm bearish dominance.

Uniswap (UNI) is trading at Rp126.380 on Pluang with a slight 0.10% increase as of Nov 07, 2026 10:21 WIB. Despite the whale selling pressure noted in the article, Pluang data shows a strong buy interest at 87% of order activity. Bitcoin (BTC) is priced at Rp1.375.114.283 with a minor 0.07% decrease, indicating relatively stable conditions in the broader market on Pluang.

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