Uniswap is our first tension setup:
Uniswap slipped 10.71 percent over the past two days but is now firming up inside a range, trading at 6.1609. Price and open interest have been moving in opposite directions. Active resistance comes in at 6.1755, with support stacked at 6.15 just below the current price. Watch for either break, a move through 6.1755 would improve the near-term tone, while a loss of 6.15 puts the range lows back in play. Above that, 7.4831 remains the higher structural resistance. With volatility in the 84th percentile, this tape is prone to fakeouts, quick moves likely if either boundary gives.