$UNI IS MOVING — AND THE FUNDAMENTAL STORY JUST GOT INTERESTING. $UNI and $BTC are showing strong momentum after breaking above their previous structure. A major catalyst is the SEC’s newly announced “Innovation Exemption,” which provides temporary, conditional relief for eligible venues to facilitate trading of certain tokenized U.S. stocks through permissioned AMMs and liquidity pools. That puts on-chain AMM infrastructure firmly in the spotlight and is particularly relevant to the broader Uniswap ecosystem. Technically, I’m watching the $8.00–$8.30 zone for a potential retest. If buyers defend that area, I'm taking a buy set on my Bitget because the next major level on my chart is around $9.00.
$UNI has been moving aggressively, but this is exactly where I start watching for a short setup. After the recent ~28% 24H surge and ~40% weekly move, momentum looks stretched. I’m watching the $8.70–$8.90 area for signs of rejection rather than chasing the pump. Short idea: Entry: $8.70–$8.90 SL: $9.20 TP1: $8.20 TP2: $7.60 TP3: $7.00 The RWA narrative around Uniswap is definitely interesting, especially with the SEC’s new exemption creating a clearer path for tokenized securities and permissioned AMMs. But strong fundamentals don't mean price has to move straight up. If $UNI rejects this resistance and loses $8.20 with volume, the downside could accelerate. Would you short the rejection here or wait for confirmation below $8.20? Watching $UNI and $ETH closely here on Bitget for the setup.