Uniswap is drawing renewed attention as global liquidity dynamics converge with its own technical structure.
Recent analysis highlights the close correlation between the token’s price trajectory and the broader M2 global money supply, a relationship that could fuel bullish momentum as markets benefit from expanding liquidity.
Despite short-term volatility and pullbacks around resistance, the asset remains a critical player within DeFi, making it a prime candidate for upside in the months ahead.
Whale Moves and Liquidity Trends Spark Market Interest
UNI’s price action has shown a strong alignment with the rising M2 global money supply. Historically, increases in M2 signal higher market liquidity, which tends to drive risk assets upward.
Current charts illustrate how the memecoin’s trajectory is mirroring this trend, suggesting that fresh inflows of capital could provide the foundation for a breakout. With technical forecasts pointing toward $12–$15 levels, liquidity growth may act as a key catalyst for the token’s next major move.
Source: X
The structural setup resembles prior liquidity-driven rallies across crypto, where abundant money supply created the backdrop for price expansion. Should global liquidity continue its current course, the asset stands to benefit directly, potentially leading the charge among DeFi tokens as confidence builds in the sector.
Market Metrics Highlight Stability Around Key Support
At press time, the token trades at $9.15, reflecting a 3.99% decline in the past 24 hours, with a market capitalization of about $5.49 billion. Trading volume is steady near $351 million, while circulating supply holds around 600 million tokens.
The asset’s price has been consolidating between $8.00 support and $10.00 resistance, with recent rejections at higher levels limiting near-term upside momentum.
Source: BraveNewCoin
Market behavior reflects typical consolidation following a broader rally. While the pullback from $12.30 highs indicates some investor caution, the memecoin’s status as a core decentralized exchange continues to underpin demand. RSI readings suggest neutrality, pointing to indecision but also room for recovery if liquidity inflows translate into buying strength at these levels.
Consolidation Persists as Momentum Awaits Confirmation
On TradingView, UNI is priced at $9.28, up 1.34% intraday, as it attempts to stabilize after recent declines. The Chaikin Money Flow (CMF) stands slightly positive at 0.01, indicating mild inflows and cautious optimism among traders.
Conversely, the MACD presents a bearish crossover, with the MACD line at -0.161 below the signal at -0.149, alongside a negative histogram (-0.012). This setup suggests lingering selling pressure, although the closeness of values indicates that momentum could shift quickly with stronger catalysts.
Source: TradingView
Overall, the asset remains in a balancing phase, holding key support while wrestling with overhead resistance. The tug-of-war between positive liquidity signals and short-term technical weakness leaves the token at a decisive juncture.
If the token maintains support above $9.00 and sees MACD momentum flip bullish, a push toward $12 resistance could emerge. Failure, however, risks retests of $8.00 or below. The coming weeks will likely hinge on whether global liquidity trends translate into actionable buying pressure for the asset.
