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UNI Plummets as V-Shaped Recovery Collapses Under Geopolitical Pressure

UNI Plummets as V-Shaped Recovery Collapses Under Geopolitical Pressure

Author:
CoindeskEN
Published:
2025-06-13 15:54:14
20
3

UNI Drops Hard After V-Shaped Rebound Fizzles Amid Mounting Middle East Tension

UNI''s brief rally got slaughtered today as Middle East tensions sent traders scrambling for cover. The token''s promising rebound flipped into a full-scale retreat—proof that even crypto isn''t immune to old-school geopolitics.

Here''s the wreckage:

Dead cat bounce meets real-world chaos

The so-called ''V-shaped recovery'' lasted about as long as a meme coin''s hype cycle. UNI bulls got caught holding bags when risk assets tanked globally—because nothing says ''safe haven'' like volatile DeFi tokens during a crisis (except maybe buying JPEGs of apes).

Technical breakdown

Chartists watched key support levels vaporize faster than a leveraged trader''s margin. The breakdown suggests more pain ahead unless macro conditions stabilize—but when has the Middle East ever offered stability?

One hedge fund manager quipped: ''We went from ''buy the dip'' to ''sell the news'' without stopping for the news.'' Classic crypto efficiency.

|Square

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