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Uniswap’s UNI Rebounds After Wild 11% Swing Amid Trade Tensions

Institutional investors show mixed signals on UNI as global trade tensions fuel sharp intraday volatility and volume spikes across key support and resistance zones.

May 31, 2025, 5:16 p.m.
Uniswap (UNI) dropped from $6.40 to an intraday low of $5.93 on May 31, 2025, before slightly recovering above $6.10 amid elevated volume spikes.
Uniswap (UNI) fell 4.7% over the past 24 hours, forming an early downtrend before stabilizing near $6.10 on May 31, 2025, as traders reacted to broader market pressures.

What to know:

  • US-China trade dispute intensifies, creating ripple effects across cryptocurrency markets with UNI experiencing 10.9% volatility.
  • Uniswap breaks above $6.50 resistance level, targeting $7.50 amid significant increase in trading volume and Open Interest.
  • Geopolitical uncertainties prompt institutional investors to reassess digital asset allocations, with UNI whales showing mixed positioning.

The cryptocurrency market faces mounting pressure as global economic tensions escalate, with Uniswap experiencing dramatic price swings reflecting broader market uncertainty.

UNI's recent 10.9% price range demonstrates how geopolitical factors are directly influencing digital asset valuations, as traders navigate between risk-off sentiment and opportunistic positioning.

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Despite challenging conditions, Uniswap has shown resilience by breaking above key resistance levels, suggesting potential stabilization after significant volatility.

Technical Analysis Highlights

  • UNI experienced significant price turbulence over the 24-hour period, with a substantial range of 0.644 (10.9%) from the high of 6.589 to the low of 5.945, according to CoinDesk Research's technical analysis data model.
  • The token faced a sharp selloff during the 16:00-01:00 period, plummeting from 6.510 to 5.954, with notably high volume (4.4M) at the 01:00 low, establishing a strong volume support zone.
  • A modest recovery followed, with UNI finding resistance around 6.120 and consolidating between 6.000-6.050, suggesting market indecision after the significant correction.
  • In the last hour, UNI experienced a significant downward trend followed by a modest recovery.
  • The token declined from 6.110 to a low of 6.017 around 13:51, establishing a key support zone with increased volume.
  • A notable reversal occurred at 14:01 when UNI surged 3.6% from 6.032 to 6.054, accompanied by elevated volume (28.7K), suggesting renewed buying interest.
  • The price action formed a bullish channel with resistance at 6.055 and support at 6.030, with the closing price of 6.051 indicating potential short-term stabilization after the earlier volatility.

External References

AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

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