Uniswap is trading at $6.19, showing modest gains of 0.9%, as technical indicators point to a continuing consolidation phase. This phase is occurring below critical resistance levels amid a lack of significant catalysts. The current trading activity suggests that DeFi tokens are stabilizing, reflecting a broader trend in the market. Investors are closely monitoring these movements, as the absence of major developments may influence future price actions. The focus remains on the key support level of $6 for UNI, which could be pivotal in determining the next market direction for Uniswap and other DeFi tokens.
