Uniswap's native token UNI is trading at $3.36, holding above the $3.24 support level that traders have been watching closely. Data from market analysis suggests a 65% probability that UNI will reach the $4.20 resistance mark within the next three weeks, as smart money keeps a 61% long position in the token.
Why the $3.24 Support Matters
The $3.24 level has acted as a floor in recent sessions, with price action consolidating above it. Support levels like this are often where buyers step in, and the current steadiness suggests the market hasn't lost conviction. If UNI dips below that line, the near-term setup could change quickly, but for now it's holding firm.
What the 65% Probability Means
That 65% figure isn't a guarantee — it's a probabilistic estimate based on current market structure and order flow. It points to a tilt in favor of an upward move toward $4.20, a level that has previously acted as resistance. A three-week window gives enough time for momentum to build, but it also means the next few trading sessions will be critical in determining whether that path stays open.
Smart Money Stays Long
Smart money — often defined as large, informed traders and institutions — is holding 61% of its UNI positions in long direction. That's a clear signal that the bigger players aren't rushing to exit. It doesn't predict a straight line up, but it does show that the capital behind the token still sees upside potential. Short positions among this group are at relatively low levels, reinforcing the bullish tilt.
The coming days will show whether UNI can build on its current base or if the resistance at $4.20 proves too heavy. The probability model gives the edge to the bulls, but price action will write the final sentence.
