Uniswap's UNI breaks $3.02 support on June 1 as price slips to $2.97

On June 1, Uniswap (UNI) fell 2.30% and broke below the $3.02 support it had held since February, with the token trading around $2.97 over the past 24 hours. Trading volume rose 35% to $110.95 million as derivatives positioning tilted bearish, including a 0.91 long/short ratio and nearby liquidation levels at $2.91 and $3.09.