$UNI is recovering, but buyers have one level left to prove.
UNI is around $6.95, up ~3.8% on the day, after rebounding from the $6.8730 intraday swing low. On the 1H chart, price is holding above the MA30 near $6.915, but remains below the MA10 around $7.008.
That $7.00–$7.02 area is the key decision zone.
Why it matters:
• 1H MA10: ~$7.008
• 8H MA30: ~$7.017
• 24H high: $7.2287
• 24H low: $6.6705
• 8H structure shows a sharp recovery from $6.2561, but momentum is not fully bullish yet.
The fundamental backdrop has improved. Uniswap recently launched TJAR, opening its fee-conversion infrastructure to other applications. Uniswap says its protocol-fee mechanism converts collected fees into UNI that is permanently burned, while TJAR can also be configured by other apps to receive different assets.
Uniswap also launched Aggregator Hooks this month, bringing external liquidity into v4 routing and allowing those swaps to contribute to protocol fees and UNI burns.
But the chart still needs confirmation.
🟢 BULLISH:
A confirmed 1H reclaim and hold above $7.02, preferably with stronger volume, would put $7.23 back in focus.
🔴 BEARISH:
Failure around $7.00–$7.02 followed by a loss of $6.87 would weaken the recovery and expose $6.67.
My setup: CONDITIONAL LONG — no blind entry here. I would wait for buyers to reclaim $7.02 and prove that resistance has turned into support.
Would you wait for the $7.02 confirmation, or do you think UNI can break $7.23 directly?
$UNI #uni
