Uniswap registered a bullish structure on the daily chart, with the UNI token rallying 6.89% on August 27th, moving from $4.38 to $4.68. The price reached a high of $4.84 before being rejected, currently trading around $4.57. Coinalyze data shows slightly cooled Open Interest and near-neutral funding rates, while the Spot CVD climbed, reflecting strong spot demand. Whale accumulation and regular token burns sustain the scarcity narrative. The bullish targets at $5.11 and $5.97 remain valid, though a consolidation phase could emerge in the coming days.
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