Uniswap UNI trades near $9 as Japan deal and technicals align
Uniswap (UNI)
Editor:
Eugene Serbin
tradersunion.com reports Uniswap (UNI) is trading near $9.04 after slipping just over 1% this week, with institutional participation continuing to shape sentiment. Japan's SMBC Nikko Securities has signed a memorandum of understanding with Uniswap Labs, the Base network, and the Nyx Foundation to develop a regulated DeFi Gateway for Japan, targeting a 2027 launch. This compliance-driven initiative will leverage Uniswap's v4 Hooks technology for anti-money laundering and counter-terrorism standards.
Uniswap also captured about 60% of tokenized stock trading volume in the past 30 days with $12.6 billion in activity. The protocol reached a new all-time high in revenue distributed to token holders. The daily chart reflects a trending structure with a sustained move lower and a firm trend.
MACD remains positive at 0.754, confirming strong bullish momentum, while RSI is approaching overbought territory at 61.137. Between nearest support at $8.8181 and resistance at $9.324, current volatility stands at 10.38%. In the week ahead, Uniswap is expected to trade between $8.049 and $9.508, with a base case of consolidation between $8.8181 and $9.324. A decisive push above resistance at $9.324 opens the way to a positive breakout, while a drop below support at $8.8181 could expose the pair to further downside.
How the market reacted
Whalio's own Binance spot order flow for UNI, measured when this story was written up on 5 October 2026. Not the outlet's figures.
Whalio data shows UNI trading at $9.08 with a 1-hour buy ratio of 49.0% and a 4-hour buy ratio of 46.6%, both below the 24-hour buy ratio of 48.7%. This indicates that buying pressure is fading on shorter timeframes compared to the daily average. Volume deltas are negative across all periods, with -$49,037 in the last hour, -$559,735 over four hours, and -$474,433 over 24 hours. A negative volume delta means sellers are executing larger trades than buyers, pushing the Cumulative Volume Delta (CVD) to -$1,651,058 by the 24-hour close. Net buying occurred in only 10 of the last 24 hours, suggesting a lack of sustained aggressive accumulation.
The latest daily buy ratio of 45.7% sits at the 13th percentile of the last 322 days, against a median of 49.2% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for UNI, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 50.6%, compared to the latest day's 48.7%, showing a 1.9 point drop in buying intensity. Volume was 0.25x the average, indicating significantly lower trading activity than usual. The price changed -6.2% over eight days, while the total volume delta for that period was +$1,240,714. This week saw net buying on only 4 of 7 days, contrasting with the recent hourly data. This represents an unusual day for the coin, marked by lower volume and weaker buy ratios than the weekly average.