Summary UNI reclaims short EMAs and tests the heavier EMA cluster. RSI near 66 signals strong but cooling momentum. On chain flows turn mildly positive after prolonged weakness. By Ashutosh Sureka Uniswap ( UNI-USD ) is trading at $6.07, up 10.7% in the past 24 hours, extending its rebound after a sharp recovery from the mid-$5.40 zone. The market cap stands at $3.82 billion, while daily trading volume at $498.52 million reflects heavy participation as buyers returned aggressively after yesterday’s capitulation drop. The day’s range between $5.39 and $6.17 highlights strong intraday volatility as UNI stabilizes above a key short-term resistance band. Uniswap price dynamics (Source: TradingView) Technical structure analysis UNI remains below major EMAs on higher timeframes, but short-term structure shows clear improvement. The 20 EMA sits near $5.87, the 50 EMA near $5.93, the 100 EMA around $6.02, and the 200 EMA close to $6.03. Price has reclaimed the faster EMAs and is now pressing directly into the heavier 100 and 200 EMAs, signalling early trend repair though not yet a confirmed breakout. RSI on the 1-hour chart sits near 66.63 after an earlier spike toward 79.06, showing strong momentum that has cooled but remains constructive. UNI needs a decisive break above $6.20 for continuation, while slipping below $5.85 risks reopening downside toward last week’s lows. On-chain flows analysis On-chain flows have turned mildly positive after weeks of persistent red prints. Coinglass data shows a net inflow of about $762.17k on 3 December, marking one of the strongest green spikes in recent sessions. This follows a long period of heavy outflows throughout October and November, during which market cap compression mirrored retreating sentiment. The latest stabilization in market cap suggests selective rotation back into DeFi despite overall caution. Sentiment and fundamentals UNI’s broader tone has improved as DeFi assets staged a sector-wide rebound. Liquidity remains thin, but whale accumulation has supported the recovery. However, strong overhead supply between $6.15 and $6.30 continues to cap momentum. Protocol-level developments have not yet sparked a major shift in behaviour, meaning sustained progress still depends on broader market tone and improved flow dynamics. Short-term outlook UNI has shown a strong intraday recovery with early signs of stabilization. Holding above $5.85 keeps the constructive structure intact, while clearing $6.20 is required to confirm a deeper push higher. Without this breakout, UNI remains vulnerable to pullbacks if broader sentiment weakens. In earlier analysis, UNI was trading near $5.48 with persistent outflows, heavy EMA resistance overhead, and weak momentum near oversold territory. Today’s rebound marks the first meaningful structural improvement since that decline, but confirmation still requires reclaiming the $6.20 level. This material may contain third-party opinions; none of the data and information on this webpage constitutes investment advice according to our Disclaimer . While we adhere to strict Editorial Integrity , this post may contain references to products from our partners. Original Post
