$UNI drops to $5.00 as the leading DEX token retreats with broader DeFi sector weakness.
What's Happening:
Price Action: Uniswap falls 6.0% to test the $5 psychological support level.
Trading Volume: Uniswap DEX volumes actually spike during volatility — usage up, price down.
V4 Development: Uniswap V4 hook system development continues on schedule.
Fee Revenue: Protocol fees still accruing — fundamentals unchanged.
Why It Matters:
Uniswap's paradox: trading volumes surge during corrections as traders rebalance, yet UNI price falls. This disconnect between usage and price often creates opportunity. V4's customizable hooks will enable new DeFi primitives — the roadmap is clear.
Technical View:
$4.80 is critical support — below opens $4.00. Resistance at $6. The DeFi rotation out of governance tokens pressures UNI, but protocol fundamentals remain strongest in DEX space.
🎯 Key Levels:
Support: $4.80 | Resistance: $6.00
24h Range: $4.62 - $5.40
💡 "DEX volumes spike during chaos. Uniswap's usage is up — only the token price is down. That's called opportunity."
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#Uniswap #UNI #DeFi #DEX #CryptoNews
Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.
