UNI Tests $6 Level as Tariff Uncertainty and Rate Fears Stir Volatility in Crypto

Uniswap’s UNI Clings to $6 Support Amid Rising Trade Tensions and Market Volatility

Uniswap’s UNI token showed resilience near the $6 level on Monday as investors cautiously stepped in despite the growing pressures from geopolitical uncertainties and economic policy concerns.

The broader crypto market remains sensitive to macroeconomic challenges, including escalating tariffs and postponed interest rate decisions, which continue to weigh on trader confidence.

UNI experienced notable intraday swings, ranging between $6.045 and $6.385 before settling above $6.11, indicating that buyers are defending key support zones, according to technical insights from CoinDesk Research.

Although UNI bounced back from early declines, experts caution that ongoing macro headwinds may limit gains in the near term, even as important technical support remains intact.

Technical Snapshot:

Over the past 24 hours, UNI’s price fluctuated within a 5.3% band, hitting an intraday high around $6.39 and dipping to a low near $6.05.
The $6.30 to $6.38 range has emerged as a significant resistance area, with heightened selling pressure observed especially late in the trading session.
Key buying support has formed between $6.05 and $6.08, where demand returned during early Asian market hours.
Lower trading volumes and failure to push beyond recent highs hint at persistent bearish momentum for the short term.
In the closing hour of the analysis period, UNI climbed from $6.146 to $6.176, marking a modest gain.
The support zone near $6.15 proved robust during a brief sell-off, confirming its role as a critical floor.
Volume spikes during the 08:00 UTC period corresponded with renewed buying interest.

Currently, UNI remains confined near the $6.12–$6.18 resistance band, with a decisive break above this level needed to signal a potential bullish turnaround.