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Uniswap tests key $3.90-$4.20 support amid whale buying and bullish derivatives positions.

Technical Signals
02 Aug 2026
AMBCrypto
View Source
Bullish
pluang ai news

Uniswap's price is retesting a crucial support zone between $3.90 and $4.20 after two days of decline, despite ongoing platform growth and increased whale buying. The support zone, previously a breakout level, could signal a reversal if defended by buyers. Meanwhile, 56% of derivatives positions remain long, and funding rates are positive, reflecting sustained bullish sentiment. Holding this zone is critical for maintaining Uniswap's bullish momentum and long-term upward trend.

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