Uniswap’s native token Uni expanded his recent recovery rally and brushing macroeconomic pressure as investors saw past global merchant stresses.
The token steadily climbed from $ 6.09 to $ 6.40 and established key support over $ 6.30 level.
Market Volatility remains increased, driven by geopolitical risk and speculation about cuts in Europe and the US
Uni still seems to take advantage of risk tour as dealers are searching on the heads of Altcoins, with price that holds on despite chopped conditions.
A sharp increase in volume in the early hours of the session, especially for $ 6,5557, marked a potential short -term top.
Subsequent withdrawal, however, was greeted with aggressive purchases, reinforcing a bullish bias and kept uni on track for additional gains-predicted that it can maintain price action over $ 6.30- $ 6.33 zone.
Technical Price High Points
- Uni showed strong bullish momentum over 24 hours and climbed from 6.09 to 6.40, representing a 5.09% gain despite significant price fluctuations.
- The token established a clear increase with higher low lower until they met resistance at 6.57, followed by a sharp rejection with abnormally high volume (3.89 m) at. 02:00, which created a high-volume resistance zone.
- Support has been formed around the 6.30-6.33 series, where buyers consistently entered, while the total range of 0.49 (8.07% of the starting price) shows significant volatility.
- In the last hour, Uni experienced considerable volatility with a remarkable recovery pattern and fell to 6.36 before establishing higher low and heights.
- Volume spiked dramatically to 56,320 at. 07:59, which confirms buyer conveyance at these levels.
- Price action formed a clear support zone around 6.38-6.39, while resistance near 6.41 was tested several times.
- Consolidation over 6.40 suggests potential continuation of the wider bullish momentum.