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Uniswap drops 9%, breaks $9 support amid heavy liquidations and panic selling

Technical Signals
07 Oct 2026
AMBCrypto
View Source
Bearish
Uniswap drops 9%, breaks $9 support amid heavy liquidations and panic selling

Uniswap's price fell sharply, breaking the $9 support level and hitting a low of $8.00 amid a broader market sell-off. This drop triggered $5.7 million in long position liquidations and increased selling pressure, causing futures net outflows of $61 million as traders exited positions. Technical indicators like MACD and SMI show strong bearish momentum, suggesting further downside risk toward $7.6. However, spot market activity indicates some buying interest, which could help Uniswap hold the $8 level and potentially rebound above $9 if demand persists.

Uniswap (UNI) is trading at Rp141.741 on Pluang as of Oct 08, 2026 07:21 WIB, down 7.75% in the last day. Despite the recent sharp price drop and liquidation events, buying interest remains strong with 73% of Pluang orders on the buy side. The typical hold time for UNI on Pluang is 65 days, indicating a moderate-term investor base amid current market volatility.

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