Uniswap’s native token extended its recent recovery rally, eliminating macroeconomic pressure when investors looked beyond the main global commercial tensions.
The Token constantly rose from $ 6.09 to $ 6.40, establishing key support above the level of $ 6.30.
Market volatility remains high, fed by geopolitical risk and speculation in feat cuts in Europe and the United States
Even so, the UNI seems to be benefiting from the rotation of risks as merchants seek the advantage in Altcoins, with a firm price despite the choppy conditions.
An acute increase in volume during the first hours of the session, particularly at $ 6,5557, marked a short -term potential upper part.
However, later setbacks were found with aggressive purchases, reinforcing a bullish bias and keeping the UNI on the road for higher profits, provided that they can maintain the price share above the area of $ 6.30- $ 6.33.
Diete technical price
- UNI exhibited a strong bullish impulse for 24 hours, rising from 6.09 to 6.40, which represents a profit of 5.09% despite significant price changes.
- The Token established a clear higher trend with higher minimums until it found resistance to 6.57, followed by acute rejection with an abnormally high volume (3.89m) at 02:00, creating a high volume resistance area.
- The support has been formed around the range of 6.30-6.33 where buyers constantly intervened, while the general range of 0.49 (8.07% of the initial price) demonstrates substantial volatility.
- In the last hour, the UNI experienced significant volatility with a remarkable recovery pattern, falling to 6.36 before establishing minimum and maximum higher.
- The volume increased dramatically to 56,320 at 07:59, confirming the buyer’s conviction at these levels.
- The price action formed a clear support zone around 6.38-6.39, while the resistance about 6.41 was tested several times.
- The consolidation above 6.40 suggests a continuous potential of the broader bullish impulse.
