Uniswap Price Outlook Holds Key Range as Open Interest Steadies Around $150M
Uniswap's price outlook is neutral as Open Interest stabilizes near $150M, indicating trader indecision amid consolidation.Summary
Uniswap's token momentum appears muted, with aggregated Open Interest steady around $150.7 million, reflecting balanced positioning and trader uncertainty awaiting a decisive price move. Market metrics show Uniswap has a market capitalization of $3.75 billion and daily volume near $218.8 million, with subdued interest following recent corrections. Technically, UNI/USDT is trading in a narrow range between $6.17 and $6.30; the Bulls and Bears Power indicator is negative (-0.727), but the Chaikin Money Flow (CMF) is slightly positive (0.10). The market is in a holding pattern, suggesting that a breakout move will likely occur if volume expands and CMF remains positive, potentially targeting $7.00–$7.20, otherwise, a retest of $5.80 support is possible.
(Source：Brave New Coin)