UNILEND Token Report
UniLend is a permissionless DeFi protocol that integrates both spot trading and lending/borrowing services on a single platform. Unlike other DeFi protocols, which typically support around 30 assets, UniLend allows users to list any ERC20 token for decentralized trading and lending/borrowing.
UFT is ranked #704 with a market capitalization of nearly $26 million. The current market price of the token is 0.326 USDT
The UFT/USDT price had been on a downward trend since early March, this year. On the daily time-frame, the trend has broken above the descending trendline with a good volume support. An immediate support is expected at 0.28 USDT and next resistance is expected at 0.47 USDT.
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