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UNI is currently around 3.85. It’s been quite aggressive this month, up by more than 30%. Even over the past week, it’s risen by almost 8%. It’s one of the best-performing coins in recent time.
But today it hasn’t really moved much—only a few tenths of a percent up or down. The high was 3.87 and the low was 3.73, as if it has taken a breather after the run.
It’s still far from the all-time high of 45. It’s down more than 90%, so even though this rally has come a long way, the position is still relatively low.
A near-doubling month-long move like this suggests there is indeed capital buying in—not just sentiment-driven hype. Otherwise, it wouldn’t last this long and stay this stable.
The circulating supply is more than 60% of the total, and there’s still a lot that hasn’t been released yet. This is something to watch: when more supply comes on, it could weigh on the price.
At this level, if it can hold above the 3.7 range without breaking down, it will most likely continue this bullish momentum. If you want to get in for a quick trade, you can look for entries on pullbacks around here. If it breaks through the previous stage highs in one push, it would indicate even stronger momentum and suggest there may be room to go higher. Chasing a short while the price is climbing this strongly carries significant risk, so it’s not really recommended to hard-top it now. #uni $UNI