🔥 $UNI /USDC is heating up quietly…
$UNI is holding around $4.84, bouncing off the $4.79 demand zone after a sharp intraday sweep. Buyers defended the lows fast — that long lower wick tells a story 📉➡️📈
On the 1H chart, price is compressing between MA25 ($4.84) and MA99 ($4.87) — a classic squeeze setup. Volume is stabilizing, suggesting selling pressure is fading, not accelerating.
📌 Why this matters beyond the chart:
• Uniswap continues pushing v4 adoption, with “Hooks” unlocking custom liquidity strategies
• Governance chatter around fee-switch mechanics keeps $UNI relevant long-term
• UNI remains one of the most used DeFi governance tokens, even during market cooldowns
⚠️ Short-term:
Resistance: $4.90 – $4.95
Support: $4.80 – $4.75
This isn’t hype — it’s patience vs panic. If momentum flips, UNI doesn’t need noise… it just moves 🚀
👀 Watching closely.
