$UNI Uniswap (UNI) Market Update: Four-Year Wallet Growth Meets a Make-or-Break $7 Line — the Squeeze Setup Is Live
UNI is trading near $6.90–$6.96, down roughly 26% this month, but something rare is happening underneath the bleed: Uniswap just added 2,295 new wallets in a single day—its fastest network growth since November 2022—even as price slid below $7. That divergence is the story.
The Catalysts Are Stacking: Uniswap v4 launched Aggregator Hooks on October 22, pulling liquidity from seven outside sources into its pools on Ethereum, Base, and Robinhood Chain—and every routed trade feeds the UNI burn engine. v4 TVL now sits at $1.44B, up 17% in a month. CME UNI futures went live October 19, adding institutional rails.
The Setup: A $1.5M short liquidation** printed near **$6.913, and the densest liquidation cluster above price sits at $7.80–$8.30—a magnet if $7.00 breaks. Support is **$6.80–$6.85**; resistance is **$6.95–$7.05**.
Binance Trade Setup: Long entry $6.85–$6.96, TP1 $7.15**, **TP2 $7.35, TP3 $7.60**, **stop below $6.72. A confirmed daily close above **$7.00** with volume is the trigger. If $6.72 breaks, stay flat—next zone is $6.50.
DYOR — network growth is the floor, but $7 is the gate.
UNI is trading near $6.90–$6.96, down roughly 26% this month, but something rare is happening underneath the bleed: Uniswap just added 2,295 new wallets in a single day—its fastest network growth since November 2022—even as price slid below $7. That divergence is the story.
The Catalysts Are Stacking: Uniswap v4 launched Aggregator Hooks on October 22, pulling liquidity from seven outside sources into its pools on Ethereum, Base, and Robinhood Chain—and every routed trade feeds the UNI burn engine. v4 TVL now sits at $1.44B, up 17% in a month. CME UNI futures went live October 19, adding institutional rails.
The Setup: A $1.5M short liquidation** printed near **$6.913, and the densest liquidation cluster above price sits at $7.80–$8.30—a magnet if $7.00 breaks. Support is **$6.80–$6.85**; resistance is **$6.95–$7.05**.
Binance Trade Setup: Long entry $6.85–$6.96, TP1 $7.15**, **TP2 $7.35, TP3 $7.60**, **stop below $6.72. A confirmed daily close above **$7.00** with volume is the trigger. If $6.72 breaks, stay flat—next zone is $6.50.
DYOR — network growth is the floor, but $7 is the gate.