CME Group announced on September 22 the launch of Bitcoin Cash and Uniswap futures for October 19, but the news failed to support UNI’s price. The token declined 1.24% in 24 hours, comparable to Bitcoin’s 1.26% loss. Since the announcement, the Futures Taker CVD metric has remained negative, indicating seller dominance in the derivatives market. UNI is currently oscillating between $6.80 and $7.80 and could target support levels at $6.14 or $4.83 according to Fibonacci levels, after correcting from its September peak of $10.94.
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