Uniswap Gains Support From Global Liquidity Surge, $12 Retest in Focus

Despite consolidating below the $12 level, rising liquidity figures suggest a favorable environment for risk assets like the token. Meanwhile, market activity and technical indicators offer a mixed but cautiously optimistic view, pointing toward a possible retest of the $12 resistance zone in the near term.

A comparison between UNI’s price action and the M2 Global Liquidity index reveals a strong upward trajectory in liquidity, moving steadily toward the $40,000 mark. Historically, increased liquidity has buoyed risk-on assets, including DeFi tokens like the coin. While the token’s price has lagged, currently consolidating below $12, the divergence often occurs when liquidity surges ahead of capital reallocations into altcoins.

Source: X

According to analysis by Bull Bear Spot, this setup is “bullish,” with expectations that the token could “pump at any time.” If the token aligns with this liquidity trend, traders may see the asset attempt to close the valuation gap by pushing past $12 and potentially hitting the $16 level short to mid-term. Such a move would signal a significant shift in market sentiment toward decentralized finance assets.

BraveNewCoin’s 24-hour market data shows that UNI traded between $9.40 and $9.80, edging gradually higher during the session. Trading volume of approximately $341 million indicates active buyer participation, especially in the latter part of the day, which helped support modest gains. The coin’s market capitalization stands at $5.88 billion, ranking it 34th globally.

Source: BraveNewCoin

Despite broader market volatility, the asset price structure formed higher lows, suggesting sustained accumulation. The $10 level remains a nearby resistance watched closely by short-term traders. Breaking and holding above this mark on strong volume could catalyze further momentum buying and reinforce the token’s bullish technical structure in the upcoming period.

On the daily chart, UNI has retreated from a recent high near $12.30 and is now consolidating around $9.75. This pullback is largely seen as profit-taking following the rally in July, but medium-term technicals retain a positive bias.

The MACD line has dipped below the signal line, accompanied by a negative histogram, pointing to short-term bearish momentum and a likely sideways or corrective phase before the next upward move.

Source: TradingView

Meanwhile, the Chaikin Money Flow (CMF) indicator remains positive at 0.03, which suggests ongoing capital inflows despite brief weakness. This highlights that demand for the cryptocurrency has not dissipated, setting the stage for another attempt to reclaim and retest the critical $12 resistance area. Traders will be watching for a bullish crossover in the MACD and sustained CMF strength as signals to confirm renewed buying interest.

This analysis synthesizes market conditions, liquidity trends, and technical indicators to provide a comprehensive yet concise perspective on the memecoins’ potential for a $12 price retest supported by underlying demand.