UNI Nears $6 Support While Tariff Tensions and Rate Hikes Rattle Crypto Investors

Uniswap’s UNI Holds Support Near $6 as Tariff Tensions Weigh on Crypto Markets

Despite growing geopolitical risks and concerns over escalating tariffs, Uniswap’s UNI token found support around the $6 mark on Monday, reflecting cautious optimism among buyers amid broader market uncertainty.

The crypto sector remains sensitive to macroeconomic developments, with investors closely watching trade disputes and monetary policy shifts that have injected volatility into digital asset prices.

UNI fluctuated between $6.045 and $6.385 during intraday trading before settling just above $6.11, according to technical data from CoinDesk Research. This suggests that while selling pressure remains, buyers are defending key support levels.

Analysts caution that near-term upside could be limited as tariff concerns and delayed rate adjustments continue to weigh on market sentiment. However, the $6.05 to $6.08 range has so far acted as a reliable short-term floor.

Technical Insights:

• UNI’s price volatility spanned over 5% within 24 hours, with significant resistance encountered near $6.30–$6.38, where high-volume selling emerged.
• Support between $6.05 and $6.08 has seen renewed buying interest, particularly in the early trading hours.
• Lower volume levels and failure to surpass prior highs indicate persistent bearish momentum.
• Late-session recovery pushed UNI from $6.146 to $6.176, a modest gain of 0.48%.
• Key support near $6.15 held firm despite brief sell-offs, reinforcing its significance.
• Increased trading volume during early morning sessions signals potential accumulation.

UNI now faces critical resistance around $6.12–$6.18. A decisive move above this band will be needed to confirm any bullish momentum going forward.