đ Uniswap is on a rocket ride today!
The token surgedâŻ+19.0% to $7.697, backed by a 24âhour volume spike to $113âŻM. The breakout breached the $7.30 resistance zone and is now testing the $8.00 ceiling, a level that historically acted as a strong ceiling before a pullâback.
Onâchain data shows a surge in new wallet activity and a notable uptick in LP deposits, suggesting fresh capital is fueling the move. At the same time, the broader DeFi sector is rallying after a series of positive governance proposals, adding extra momentum to the price action.
However, the rally is still relatively thinâpriced; if buying pressure eases, we could see a shortâterm retrace toward the $7.00â$7.20 support band, where previous buying interest has held. Keep an eye on volume trendsâif they stay above $100âŻM, the upside bias strengthens, but a sharp drop could signal a
The token surgedâŻ+19.0% to $7.697, backed by a 24âhour volume spike to $113âŻM. The breakout breached the $7.30 resistance zone and is now testing the $8.00 ceiling, a level that historically acted as a strong ceiling before a pullâback.
Onâchain data shows a surge in new wallet activity and a notable uptick in LP deposits, suggesting fresh capital is fueling the move. At the same time, the broader DeFi sector is rallying after a series of positive governance proposals, adding extra momentum to the price action.
However, the rally is still relatively thinâpriced; if buying pressure eases, we could see a shortâterm retrace toward the $7.00â$7.20 support band, where previous buying interest has held. Keep an eye on volume trendsâif they stay above $100âŻM, the upside bias strengthens, but a sharp drop could signal a