Uniswap ($UNI ) Market Update: Japan's Third-Largest Broker Just Signed a Deal, But a $45M Whale Transfer Raises Eyebrows
$UNI is trading near $8.91**, up **0.65%** as Bitcoin reclaims **$86,000 . The big catalyst: SMBC Nikko Securities, Japan's third-largest brokerage, signed an MOU with Uniswap Labs, Base, and Nyx Foundation to build a compliant DeFi Gateway using Uniswap v4 Hooks . Target launch: mid-2027 .
The Setup: Technicals show a cup-and-handle pattern forming, with resistance at $10.30** (~15% upside) . A falling wedge on the 1-hour chart targets **$11.50 if it breaks . Open interest sits at $915M**, retreating from its September peak of **$971M .
The Red Flag: On October 3, an unidentified wallet moved 5 million UNI (~$45M)** to Coinbase Institutional—a transfer that often precedes selling . Meanwhile, a whale accumulated **654,288 UNI** at an average of **$7.17 over the past month, now sitting on $1.15M unrealized profit .
Key Levels: Resistance is $9.35**, then **$10.30. Support is $8.85—a break below risks cascading long liquidations .
Binance Trade Setup: A cautious long only if $UNI reclaims $9.35** with volume, targeting **$10.30–$11.50**, stop below **$8.85. The Japan deal is a 2027 story, not a short-term trigger . DYOR.
#UNI #Uniswap’s #analises #Binance
$UNI is trading near $8.91**, up **0.65%** as Bitcoin reclaims **$86,000 . The big catalyst: SMBC Nikko Securities, Japan's third-largest brokerage, signed an MOU with Uniswap Labs, Base, and Nyx Foundation to build a compliant DeFi Gateway using Uniswap v4 Hooks . Target launch: mid-2027 .
The Setup: Technicals show a cup-and-handle pattern forming, with resistance at $10.30** (~15% upside) . A falling wedge on the 1-hour chart targets **$11.50 if it breaks . Open interest sits at $915M**, retreating from its September peak of **$971M .
The Red Flag: On October 3, an unidentified wallet moved 5 million UNI (~$45M)** to Coinbase Institutional—a transfer that often precedes selling . Meanwhile, a whale accumulated **654,288 UNI** at an average of **$7.17 over the past month, now sitting on $1.15M unrealized profit .
Key Levels: Resistance is $9.35**, then **$10.30. Support is $8.85—a break below risks cascading long liquidations .
Binance Trade Setup: A cautious long only if $UNI reclaims $9.35** with volume, targeting **$10.30–$11.50**, stop below **$8.85. The Japan deal is a 2027 story, not a short-term trigger . DYOR.
#UNI #Uniswap’s #analises #Binance