futuresdata

$UNI looks stronger than the market, but the derivatives data is not confirming a clean breakout yet.

Price recovered from $3.74 and continues to hold near $4.00 while BTC remains under pressure.

The issue is positioning.

Around 62% of accounts are long, funding is positive, and open interest has stopped expanding. That leaves UNI vulnerable if buyers cannot clear the $4.02–$4.08 resistance zone.

A strong 1H close above $4.08, supported by fresh volume and rising open interest, would improve the continuation case.

Losing $3.93 would weaken the structure. Below $3.85, the short-term recovery is invalidated.

Watch whether UNI can hold after the next breakout attempt—not just whether it trades above resistance briefly.

Why this matters:
Crowded positioning can create false confidence before price confirms. Waiting for acceptance above resistance reduces the risk of becoming liquidity for a failed breakout.

#UNIUSDT #Uniswap #FuturesData