Uniswap News: UNI Rebounds as Open Interest Signals Early Recovery Setup
The post Uniswap News: UNI Rebounds as Open Interest Signals Early Recovery Setup appeared on BitcoinEthereumNews.com.
Uniswap Exchange has started to show early signs of stabilization after recent market volatility, with both open interest data and technical indicators suggesting that a short-term recovery could be forming. The asset remains in a tight consolidation range, with sentiment appearing cautiously optimistic. Buyers Regain Momentum as Open Interest Stabilizes Uniswap Exchange is trading around $6.38, posting a mild rebound after briefly dipping below $6.30 earlier in the session. The short-term structure on the 1-hour chart highlights a recovery attempt following a correction from last week’s highs near $6.90. Despite the pullback, the coin continues to consolidate within a narrow range, hinting at a potential directional breakout once volatility returns. Source: Open Interest The aggregated open interest (OI) currently stands near $166.6 million, recovering slightly after a decline from above $175 million earlier in the week. This drop indicates that a segment of leveraged long positions was liquidated during the correction phase. However, the stabilization in OI suggests renewed trader participation, with market participants gradually rebuilding exposure. Historically, such recoveries in open interest following liquidations often precede short-term relief rallies provided that the price sustains above key support areas. Market Overview Shows Controlled Trading Volumes According to BraveNewCoin data, Uniswap exchange currently trades at $6.36, marking a 1.63% decline over the last 24 hours. The decentralized exchange token maintains a market capitalization of $3.82 billion, with a daily trading volume of approximately $196.37 million. The available circulating supply stands at 600,483,073tokens, placing the token at Rank 45 by global market cap. Source: BraveNewCoin The price performance chart over the past 24 hours shows relatively stable movement between $6.20 and $6.60, reflecting a phase of consolidation consistent with the observed open interest data. Trading activity remains moderate, suggesting that while large speculative inflows are absent, existing holders are maintaining confidence at…
Filed under: News - @ October 30, 2025 12:27 am