Uniswap has put together one of the more convincing runs in the DeFi space since mid-June, climbing from a local low of roughly $2.27 to around $3.82 at the time of writing. That's a gain of nearly 68% in just over a month, achieved through a textbook sequence of higher highs and higher lows that suggests the move is more than a dead-cat bounce.
The structure behind the rally
What makes UNI's recovery stand out is the consistency of it. Most altcoins during the same window posted sharp spikes followed by equally sharp reversals. Uniswap ground higher in steps, each pullback shallower than the last. That kind of price action typically reflects genuine accumulation rather than a single wave of speculative buying.
The question now is whether that momentum is enough to push through the resistance cluster sitting above current levels. Breaking it would open the path toward new yearly highs for the token, which has spent most of 2025 well below its earlier peaks. A failure to clear that zone, on the other hand, risks a consolidation that could drag on for weeks before the market gets another catalyst.
For context, UNI at $3.82 is still trading at a fraction of its all-time high. Even reaching a new yearly high from here would require the token to sustain the same pace of gains it posted over the past month, without a significant shakeout along the way.
UNI was up roughly 2% in the 24 hours preceding this report, with trading volume ticking modestly higher but not yet signaling the kind of surge that typically accompanies a resistance break.
This article is for informational purposes only and does not constitute financial advice. Crypto assets are volatile; always do your own research before making any investment decisions.
