$UNI /USDT — 🟢 LONG · Conf 95%
📍 Entry: 5.3390 – 5.3710
🛑 SL: 5.1420
🎯 TP1: 5.6230
✅ TP2: 5.8370
🏆 TP3: 6.1580
15M RSI sitting at ~60 with price riding just above MA(7) on $65M in 24h volume — this is one of the cleanest momentum continuations on the board right now, no overextension.
Uniswap is the dominant decentralised exchange with $4T+ in all-time volume — the August 2026 "Earn" feature routes user deposits into Morpho vaults for yield while UniswapX now funds automated UNI buybacks and burns, creating direct fee-to-token-value linkage; key risk is that despite $53B monthly DEX volume, UNI still trades well below levels where protocol revenue alone would justify the valuation.
If Uniswap's protocol fees are up 118% month-on-month and buybacks are live, at what sustained monthly fee revenue level does UNI's market cap actually become justifiable on fundamentals — and are we structurally anywhere near that number yet?
#UNI #Uniswap #DEX #ETH
📍 Entry: 5.3390 – 5.3710
🛑 SL: 5.1420
🎯 TP1: 5.6230
✅ TP2: 5.8370
🏆 TP3: 6.1580
15M RSI sitting at ~60 with price riding just above MA(7) on $65M in 24h volume — this is one of the cleanest momentum continuations on the board right now, no overextension.
Uniswap is the dominant decentralised exchange with $4T+ in all-time volume — the August 2026 "Earn" feature routes user deposits into Morpho vaults for yield while UniswapX now funds automated UNI buybacks and burns, creating direct fee-to-token-value linkage; key risk is that despite $53B monthly DEX volume, UNI still trades well below levels where protocol revenue alone would justify the valuation.
If Uniswap's protocol fees are up 118% month-on-month and buybacks are live, at what sustained monthly fee revenue level does UNI's market cap actually become justifiable on fundamentals — and are we structurally anywhere near that number yet?
#UNI #Uniswap #DEX #ETH
