UNI Inches Toward $7 as Whale Activity and Strong Volume Signal Bullish Continuation
Uniswap’s UNI token is showing renewed strength, trading near $6.78 after breaking key resistance at $6.45 earlier this week. Backed by increasing whale accumulation and a surge in trading volume, market sentiment around UNI has turned distinctly bullish.
Data shows a sharp 10.5% spike from $6.45 to $7.00 on June 3, supported by trading volume over 10x the 24-hour average. Since then, UNI has entered a consolidation phase above $6.60, suggesting the breakout may hold.
Buy-side pressure remains evident, with large volume clusters forming between $6.60 and $6.75—typically a sign of institutional or high-net-worth interest. Short-term momentum appears intact, as UNI continues to print higher lows within a rising trend channel.
If UNI can break and hold above the $7.00 threshold, traders say the next upside target could extend toward $7.20–$7.40.
With Bitcoin dominance slipping and altcoins rotating higher, UNI may be well-positioned to lead the next DeFi rally.

More Stories
Bitcoin reclaims $81,000 after stronger-than-expected CPI data, as BNB and DOGE outperform major cryptocurrencies
For the first time since March 2023, Bitcoin’s bull-bear cycle gauge has turned green.
GameStop’s $56 billion bid is rejected by eBay, shifting attention back to the company’s bitcoin holdings.