The post Uniswap Price Consolidates Near $9.57 as Buyers Test Recovery Momentum appeared on BitcoinEthereumNews.com.

Uniswap is trading in a tight range following recent volatility, showing signs of stabilization after strong movements between $4.55 and $12.30 over the past months. The token now hovers near $9.57, with technical indicators suggesting a cautious but growing bullish bias. Market participants are closely watching whether the coin can secure stronger support before attempting another breakout. Accumulation Signals Emerging From Analyst Insights An analyst has highlighted fresh accumulation activity, noting significant buying interest with an additional $30,000 investment in UNI. This reflects growing confidence among market participants that current levels could provide a springboard for a broader recovery. The chart emphasizes key support holding firm near $9, where buyers have repeatedly stepped in to defend against downside pressure. Source: X Price action continues to oscillate below immediate resistance, indicating that the crypto is still in a consolidation phase. However, the pattern suggests accumulation is building, which often precedes stronger directional moves. Should momentum align with increased buying activity, the asset could challenge higher resistance bands in the short term. Market Data Shows Growing Strength in Liquidity Fundamental metrics point toward strengthening participation in the asset. At the time of writing, the token trades around $9.57, representing a 2.38% gain in the past 24 hours. Market capitalization stands at $5.74 billion, while daily trading volume has reached $330 million, reflecting strong liquidity and investor engagement. Source: BraveNewCoin The circulating supply of roughly 600 million UNI adds context to its current price behavior, with supply distribution remaining manageable against rising demand. Maintaining price levels above $9 is viewed as critical, as it serves as the foundation for potential upside attempts. Sustained buying pressure could prepare the token for a retest of the $10–$12 resistance zone seen earlier this quarter. These fundamentals demonstrate that crypto’s market positioning remains strong, with healthy liquidity…

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Filed under: News - @ September 19, 2025 2:29 am