UNI at $9.1, did you chase the L?
First, look at the surface: it took only 48 hours to go from unwanted to in high demand.
Up 17% on September 17, up another 13% on the 18th, a 45% surge on the weekly chart, and a 140% surge on the monthly chart. 24-hour trading volume exploded, contract open interest soared, and short liquidations far exceeded longs. The weekly chart broke out of a nearly two-year descending wedge, the daily chart is above all major moving averages with a bullish alignment, and the trend is strengthening — but the short-term RSI is already overheated.
First thing: the SEC handed UNI a knife, and the market instantly understood.
On September 17, the SEC issued an "innovation exemption," allowing qualified venues to trade tokenized U.S. stocks through licensed AMMs for five years.
Uniswap v4’s permissioned pools fit exactly this framework.
UNI used to be the "governance token of a decentralized exchange," now it’s the "compliance infrastructure for Wall Street assets on-chain."
Second thing: UNI is no longer just air; it’s starting to burn tokens.
By the end of 2025, UNIfication will launch, protocol fee switches will open, and part of the trading fees will be used for buyback and burn. UNI burned $9.3 million in August alone, and protocol revenue from January to July 2026 is about $28.2 million.
Cumulative trading volume is $3.7 trillion, TVL is $3.8 billion, multi-chain deployment, the absolute leader in DEXs. If tokenized stocks really go on-chain, if RWA really explodes, UNI will be the toll collector. If you think it’s expensive now, wait until it really captures Wall Street’s volume, then you’ll be slapping your thigh saying, "Why didn’t I buy at $9?"
Third thing: the technicals have fundamentally changed, but chasing short-term highs is just giving away your head.
Weekly chart broke out of a two-year descending wedge, the 200-week EMA turned from resistance to support, daily moving averages are bullish — the mid-term structure has indeed turned bullish.
But:
From 6.6 to 9.3, it surged 40% straight without a decent pullback
Low timeframe RSI is overbought, weekend liquidity is poor, false breakout probability is high
Contract funding rates are positive, open interest rising, longs are crowded
Long-short battle, judge for yourself
On one side:
SEC innovation exemption directly benefits Uniswap v4 permissioned pools
Protocol fee switch + burn mechanism gives UNI cash flow capture
RWA + tokenized U.S. stocks narrative opens incremental ceiling
Weekly breakout of two-year descending wedge, mid-term structure turns bullish
On the other side:
Severe short-term overbought, strong pullback demand
Clarity Act not passed, regulatory uncertainty remains
Hawkish rate hikes landed, altcoin liquidity under pressure
Competing DEXs (Aerodrome, etc.) continue to siphon volume
Resistance above: 9.34-9.50 → 10-11 → 12.70 (wedge target)
Support below: 8.80-8.90 → 8.11 → 7.69 → 7.50 (lifeline)
Trading strategy
Aggressive short-term:
Quickly recover from 8.8-8.9 pullback with volume support, light position long, stop loss below 8.65, target 9.3-9.5 to reduce position.
Steady swing:
Wait for pullback to 7.7-8.2 range, volume contraction and bottom structure appear, then enter mid-term longs. Mid-term logic is protocol fee burn + RWA narrative, target 10.5-12.7, stop loss at 7.4 or daily close below 7.5.
Bearish idea:
At 9.35-9.5, volume stalls, long upper shadows or divergence, light position short, target 8.8, stop loss above 9.6
At 6.6 you said it was just a governance token, at 9.3 you say chasing high risk is big.
So, when exactly do you plan to buy?
UNI has transformed from a "pure governance token" to an asset with "burn mechanism + RWA imagination space." Mid-term structure turned bullish, but the short-term surge from 6.6 to 9.3 is an emotional climax that needs time to digest.
Prioritize waiting for pullback confirmation rather than chasing at 9.1.
At 9.1, do you dare to chase?
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