<div id="readability-page-1" class="page">With the broader market recovering, Uniswap [UNI] showed bullish momentum, staging a strong comeback from a slip below $3.Previously, UNI had slipped to a four-month low of $2.8. However, as the market showed signs of recovery, UNI successfully defended $3 and reached a high of $3.5 before a mild pullback.At the time of writing, UNItraded at $3.49, up 9.2% on the daily charts. Over the same period, the market capitalization rebounded above $2 billion.<h2>Uniswap buyers buy the dip</h2>After UNI breached $3, investors entered the market with conviction and attempted to avoid further declines. This sentiment was overwhelmingly prevalent in the spot market, where buyers rushed to scoop up a discount.CryptoQuant data showed that Uniswap recorded 3.8 million UNI in Exchange Outflows on the 6th of February. At press time, outflows were 234k UNI, a significant drop from the previous day.<div id="attachment_568569"><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/Uniswap-Exchange-Outflow-Total-All-Exchanges-scaled.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="2560" height="1440" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/Uniswap-Exchange-Outflow-Total-All-Exchanges-scaled.png"/>Source: CryptoQuant</div>With outflows having dominated the market, Exchange Netflows remained negative. Between the 6th and 7th of February, Uniswap saw -$6.5 million in Spot Netflow, confirming higher outflows.Coupled with that, the Buyer vs. Seller Strength Indicator on Tradingview confirmed this market trend. Buyer strength skyrocketed to 89 before falling to 29 at press time.<div id="attachment_568568"><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/uni-buyer-seller-strength.jpeg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1390" height="719" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/uni-buyer-seller-strength.jpeg"/>Source: TradingView</div>The surge in buyer strength drove the market to recover from recent losses. At the same time, the dip buyer cashed out, thus elevating seller strength to 70 at press time.These market conditions showed fierce competition between buyers and sellers for market control.<h2>UNI at crossroads, which way?</h2>Uniswap bounced back from the recent dip as buyers stepped in and bought the dip. However, upside momentum slowed as sellers stepped in and cashed out, while buyers’ appetite diminished.These market conditions suggested an ongoing battle for market control between buyers and sellers. For now, while buyers have shown strength, sellers remain active.In fact, the downside momentum remains intact as evidenced by the momentum indicators. For instance, the altcoin’s Directional Movement Index (DMI) fell to extreme oversold levels as of writing, while its negative index rose significantly.<div id="attachment_568566"><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/uni-emadmi.jpeg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1380" height="713" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/uni-emadmi.jpeg"/>Source: TradingView</div>A rising ADX while +DI declines indicates strong downside momentum, with sellers in an overwhelming chokehold on the market.Therefore, recent buyers’ attempts have proven inadequate to sustain a trend reversal.As such, these conditions point towards the continuation of the prevailing trend. If sellers continue to dominate, UNI is likely to decline again toward $3.0.For a trend reversal, buyers must push the daily close above the EMA20 at $4.2, thereby incentivizing the market to move above $4.9.<hr/><h2>Final Thoughts</h2><ul><li>UNI bounced back from a four-month slip and jumped to a local high of $3.5 before a mild pullback</li><li>Uniswap rebounded as buyers stepped to buy the dip, but bearish structure remained stubbornly intact.</li></ul></div>

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BTDR

Uniswap (UNI) has shown bullish momentum, recovering from a low of $2.8 to a high of $3.5, currently trading at $3.49, up 9.2%. Despite this rebound, market conditions indicate a struggle between buyers and sellers, with significant outflows and negative netflows. The Directional Movement Index suggests strong downside momentum, indicating sellers are still in control. For a trend reversal, UNI needs to close above the EMA20 at $4.2. If sellers maintain dominance, UNI may decline towards $3.0.

- Uniswap (UNI) saw a recovery, bouncing back from a low of $2.8 to a high of $3.5 as buyers capitalized on the dip.  
- Despite this recovery and recorded significant exchange outflows, sellers maintained a strong presence, leading to negative netflows and ongoing market tension.  
- The current momentum indicators suggest that without a significant push from buyers above the EMA20 level of $4.2, UNI may decline back toward $3.0.

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Uniswap rebounds: Can UNI push past $4.2 EMA resistance?