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Uniswap's UNI drops 30% amid high exchange inflows; potential double bottom may signal rebound.

Technical Signals
17 Oct 2026
Blockonomi
View Source
Neutral
Uniswap's UNI drops 30% amid high exchange inflows; potential double bottom may signal rebound.

Uniswap's UNI token has fallen over 30% from its $10.90 peak due to heavy inflows to exchanges, especially Binance, which saw daily inflows above $40 million in late September. These inflows suggest selling pressure, but a potential double bottom pattern around $6.75-$7.00 support could indicate buyers defending the price. A breakout above $7.60-$7.80 might lead to a rally toward $8.80. Traders are watching price action and inflow trends closely, with the upcoming CME futures launch also in focus.

Uniswap's UNI token trades at Rp131.050 on Pluang as of Oct 17, 2026 16:31 WIB, down 1.67% in the past day. The token's market cap stands at Rp82.47 trillion, with a 24-hour trading volume of Rp7.07 trillion. Pluang users show a buying preference with 66% of order activity as buys, and typical hold time is 65 days, highlighting steady interest despite recent price pressures noted in the article.

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