Uniswap price rebound pushed the token above $4 on July 29. UNI recovered 8% from its intraday low.
The move followed Hayden Adams’s clarification on v4 fees. This helped reclaim the psychological $4 level.
Why Uniswap price rebound matters
UNI traded at $4.002 at the time of writing. It briefly reached $4.06 on the Binance daily chart. The rebound from $3.74 amounted to about 8.5%. The token was up roughly 3% from its opening price.
UNI has recovered more than 70% from its June low. That low was near $2.35. The rally formed higher highs and higher lows. The token returned to levels last seen in May.
Momentum remains favorable on the daily timeframe. UNI trades above Supertrend support at $3.23. The RSI has risen to 66.07. This remains below the overbought threshold of 70 nevertheless.
The daily candle approached the May swing high. That level sits near $4.15. A close above would strengthen the recovery case.
Hayden Adams addresses v4 fee concerns
Adams clarified the protocol fee structure. The fee will be added to the LP fee. It will not be deducted from it.
Traders using a 30-basis-point pool would pay 35 basis points. LPs would still receive 30 basis points. The protocol would receive five basis points.
This addressed concerns about LP returns. Some feared capital would move to competitors.
Uniswap submitted governance proposals for v4 pools. The proposals also cover deployments on Robinhood Chain. New protocol revenue would go to the UNI burn mechanism. This creates a clearer connection between activity and supply.
Robinhood Chain launched on July 1. Uniswap generated $5.16 million in fees during one 24-hour period. Roughly $4.38 million came from Robinhood Chain.
UNI volume on the network crossed $1 billion. This happened within nine days of launch. Future burns still depend on governance approval nevertheless.
UNI faces resistance between $4.10 and $4.30
The 4-hour chart shows UNI above $4.00. The next technical level sits at $4.10. Murrey Math identifies this as a strong reversal pivot.
A sustained close above $4.10 could target $4.20. $4.30 would follow as ultimate resistance. Extended targets sit at $4.40, $4.49, and $4.59.
The average directional index stands at 19.39. An ADX below 20 shows weak trend conviction. This is despite the price breakout.
The liquidation heatmap shows dense leveraged positions. These cluster around $3.98 to $4.03. The move through this area likely forced short sellers to close. This added buy pressure to the rebound.
Additional liquidity sits near $4.07 to $4.10. This makes that zone a possible target. Downside clusters sit near $3.90, $3.72, and $3.60.
Analysts see breakout and pullback scenarios
Analyst Gopal identified a rising wedge. UNI continues forming higher highs and higher lows inside this structure.
Repeated tests of wedge support suggest weakening momentum. A break below the lower trendline could trigger a correction. A breakout above the upper boundary would invalidate the bearish setup.
Nebraska Gooner described UNI as being at resistance. Reclaiming the red resistance area could create a moving-average squeeze. His setup points toward the $5 region.
The $4.10–$4.30 range is central to UNI’s next move. A confirmed breakout reduces the rising wedge risk. Rejection could send the token back toward $3.80.
US macro conditions remain a risk
Uniswap’s growth on Robinhood Chain gives a US market connection. The network brings DeFi closer to Robinhood users. Permissioned Pools support tokenized funds and equities.
Uniswap Labs launched Permissioned Pools with Securitize. Superstate and Dowgo are early participants. The v4 framework allows issuers to control trading access.
Nevertheless, the breakout comes ahead of a Fed decision. A hawkish signal could reduce demand for risk assets. This would pressure leveraged UNI positions.
UNI must hold above $4.00 and clear $4.10. This would confirm the breakout. Failure would leave the rising-wedge warning active.
