Uniswap’s UNI Token Consolidates Above Key Support, Hints at Potential Bullish Momentum

Uniswap’s UNI token is currently consolidating above key support levels near $12-$14, driven by a surge in whale activity and the anticipation of Uniswap V4. 190% more whales have accumulated UNI coins, signaling potential price shifts. The project’s developers are optimistic about Uniswap V4, which will likely improve liquidity and market stability. This upcoming release is expected to generate further confidence in the token.