Uniswap Whales Keep Buying As UNI Holds Support

Large Uniswap holders are busy accumulating more tokens even while the broader market faces a correction. On chain data shows that these whales are stepping in to buy during the dip. This steady buying pressure comes as the price tests a key support area near the Fibonacci golden zone.

Market watchers are paying close attention to this zone because it often acts as a turning point for trend reversals. If the support holds firm, buyers might try to push the price back up toward the notable resistance level at $7.48. UNI bulls need to maintain this momentum to shift the short term market structure in their favor.

Traders should watch the volume around these support levels over the next few days. A strong hold could invite more buyers into the market, while a break below support might lead to further consolidation before the next big move.