Uniswap v4 tops $44B in monthly volume: Can UNI follow through?
UNI price action confirm a trend shift on short time frames as long position dominance and Uniswap v4 milestone adds weights to the current bullish bias.
Uniswap [UNI] showed signs of a potential reversal after buyers defended the $6.80 daily demand zone.
The rebound produced a bullish shift on the hourly chart, following the setup outlined in AMBCrypto’s earlier analysis.
Meanwhile, Uniswap reported that v4, its fourth-generation decentralized exchange protocol, processed over $44 billion in 30-day Trading Volume.
With buyers regaining ground and protocol activity growing, UNI’s recovery had support from two fronts. Whether that translates into sustained gains would depend on demand for the altcoin itself.
Can UNI buyers build on THIS?
On the hourly chart, UNI’s positive reaction at $6.80 strengthened the recovery setup. Buyers defended the daily demand zone before breaking the recent bearish pattern, suggesting short-term momentum was turning bullish.
For holders, this offered an encouraging change after the altcoin’s recent weakness. However, an hourly reversal still needs follow-through before supporting a broader recovery.
On the daily chart, UNI traded above its 20-day, 30-day, and 50-day Exponential Moving Averages (EMAs). That positioning supported the bullish outlook. Buyers would need to sustain the rebound, as renewed selling could undermine their recently regained control.
Could crowded UNI longs threaten the recovery?
The Long/Short Ratio data showed longs accounting for roughly 63% of the tracked positioning, indicating a clear bullish preference. That bias could accompany further gains if Spot demand strengthens. However, leveraged longs can also become vulnerable when buying pressure fades.
If UNI reverses, forced closures could amplify selling and put the recovery under pressure. The next test is whether buyers continue supporting the price after the initial bounce.
Long positioning alone would give bulls limited protection against another rejection.
Can Uniswap v4 activity help UNI reach $11?
Uniswap v4’s $44 billion in 30-day Trading Volume represented approximately 49.9% of volume across Uniswap versions. That showed substantial usage of the latest iteration.
However, protocol Trading Volume measures swaps across supported tokens, rather than buying demand for UNI alone.
For now, defending $6.80 and reclaiming the hourly trend favored buyers. Sustained demand could help the altcoin advance toward overhead liquidity.
The Liquidation Heatmap showed a cluster worth approximately $535.10 million around $11, making that area a potential upside objective.
Still, the cluster does not guarantee a move to $11. Renewed weakness or a sharp unwinding of longs could interrupt the recovery before UNI reaches that level.
Final Summary
- UNI’s defense of $6.80 supported a recovery, while crowded longs could amplify losses if demand weakens.
- Uniswap v4’s growing usage strengthened the adoption case; $11 remained a conditional liquidity target for UNI.
