Uniswap’s UNI Token Surges to $6.40 Amid Ongoing Market Volatility

Uniswap's native token UNI has resumed its recovery, rising from $6.09 to $6.40 despite global trade tensions.

Key points include:

  • 5.09% gain over 24 hours with a consistent uptrend and higher lows until resistance at $6.57.
  • High-volume resistance zone created at $6.5557, with a volume spike of 3.89M leading to a pullback.
  • Support established around $6.30-$6.33, with buyers consistently entering the market.
  • Notable volatility observed, including a drop to $6.36 followed by higher lows and highs.
  • Volume surged to 56,320 at 07:59, indicating strong buying interest.
  • Support zone formed between $6.38-$6.39; resistance tested near $6.41.
  • Consolidation above $6.40 suggests potential continuation of bullish momentum.