The post UNI Rebounds 11.7% to $6.70 as Traders Defend Support Despite SEC Warning Clouds appeared on BitcoinEthereumNews.com.

Tony Kim
Nov 09, 2025 20:34

Uniswap’s UNI token surges to $6.70 following yesterday’s sharp selloff, as buyers step in at key technical levels despite ongoing regulatory concerns from SEC warning.

Quick Take • UNI trading at $6.70 (up 11.7% in 24h) • Strong bounce from support levels following SEC enforcement warning selloff • Price testing resistance near 20-day moving average at $5.98 • Outperforming Bitcoin amid risk-on sentiment in crypto markets Market Events Driving Uniswap Price Movement The most significant catalyst affecting UNI price remains the November 7th SEC warning to Uniswap Labs regarding potential enforcement actions. This regulatory development initially triggered a sharp selloff that drove UNI price down to support levels around $5.79 in yesterday’s trading session. However, today’s 11.7% rebound suggests that traders view the current UNI price levels as oversold following the regulatory news. The DeFi sector has shown resilience to regulatory headlines in recent months, with buyers consistently stepping in during fear-driven selloffs. The broader macroeconomic backdrop also weighs on sentiment, as the Federal Reserve’s decision to delay interest rate cuts until November 2025 has created uncertainty across risk assets. This delay reflects persistent inflation concerns and has contributed to the choppy price action seen across both traditional and crypto markets. Trading on technical factors appears to be driving today’s recovery, with no significant fundamental news events in the past 48 hours beyond the ongoing digestion of the SEC warning implications. UNI Technical Analysis: Testing Recovery Momentum Price Action Context UNI price is currently trading above its 7-day simple moving average of $5.64 and challenging the 20-day SMA at $5.98, marking a significant recovery from yesterday’s lows. The token remains below its 50-day moving average of $6.82, indicating the longer-term trend structure needs repair. Bitcoin’s positive…

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Filed under: News - @ November 9, 2025 9:19 pm