Decoding Uniswap’s 15% rally – THIS level decides next move for UNI

Uniswap has rallied 15% to $4.00 over the past 24 hours as trading volume surges more than 144%, signaling aggressive spot participation returning to the market. 

Buyers have stepped in decisively, pushing the price toward the $4.00 region while expanding liquidity across exchanges. 

This surge reflects renewed speculative interest rather than thin trading conditions. Notably, volume expansion confirms that market participants have committed real capital to the move. 

However, Uniswap [UNI] continued trading within a broader daily downtrend. Rallies inside declining structures often meet overhead supply.

That left the rebound dependent on sustained follow-through rather than short-term profit-taking.

Can UNI reclaim macro resistance?

UNI remained below major resistance at $4.92 and $6.60 while defending structural support at $3.13.

The daily chart showed sellers controlled the broader trend for months.

Even so, UNI stabilized above $3.13 after multiple retests. That level anchored the short-term recovery.

If the price held above it, buyers retained technical footing.

On the upside, $4.92 marked the first breakdown zone. Beyond that, $6.60 capped prior rallies.

That shift placed UNI at a decision point. Bulls must reclaim resistance levels stepwise to weaken the broader downtrend.

Source: TradingView

The DMI structure showed strengthening directional bias as +DI has climbed to 32.56 while -DI has fallen to 17.26. This crossover reflects growing buyer dominance in recent sessions. 

At the same time, ADX read 23, which indicates developing trend strength rather than exhaustion. Although ADX does not signal a powerful breakout yet, it confirms that directional expansion has begun. 

Importantly, +DI lead clearly above -DI at press time, reinforcing upside pressure in the short term. However, ADX still sat below strong trend thresholds near 25 to 30.

The positioning suggests the move builds gradually rather than explosively. As a result, UNI’s structure shows improving directional alignment but still requires continuation to confirm durability.

Open Interest surges alongside price

Open Interest has jumped 27.55% to $282.94 million as of press time, reflecting aggressive leveraged positioning entering the rebound. This expansion indicates traders have opened fresh positions rather than simply closing shorts. 

When Open Interest (OI) rises with price, the market often builds conviction behind the move. However, leverage also increases liquidation risk if the price stalls.

The rapid build-up of exposure suggests participants anticipate further upside. 

At the same time, elevated positioning can amplify volatility during pullbacks. Therefore, UNI now trades in an environment where derivatives activity reinforces bullish sentiment but also raises the stakes. 

The sustainability of this recovery now depends on whether the price continues attracting demand without triggering crowded liquidations.

Source: CoinGlass

Binance traders lean heavily long on UNI

According to CoinGlass data, Binance’s top traders have tilted decisively long, with 61% of accounts positioning for upside. This imbalance confirms that professional accounts expect continuation. 

When long exposure rises above 60%, directional conviction strengthens across derivatives desks. However, such skewed positioning can also create squeeze potential if resistance holds. 

The long bias aligns with rising Open Interest, reinforcing bullish expectations. Yet concentration on one side increases vulnerability to sharp corrections. 

As traders cluster on the long side, liquidity pockets form below the price. That dynamic could either fuel upside acceleration or trigger swift volatility if sentiment flips.

Source: CoinGlass

Breakout or leverage trap?

UNI built a structured rebound supported by rising volume, improving DMI alignment, and expanding Open Interest.

However, price remained below the $4.92 resistance while long positioning increased.

This setup favored a push toward resistance, but leverage risk remained elevated.

UNI showed early breakout characteristics. Bulls must reclaim higher resistance to confirm a durable trend shift.

Final Summary

• Uniswap [UNI] rallied 15% to $4.00 as Spot Volume surged 144%, signaling strong buying participation.
• Price held above $3.13 support but remained below major resistance at $4.92 and $6.60.