Uniswap's price has rebounded significantly following a $67 million transfer from Coinbase Institutional to an unknown wallet, marking one of the largest UNI-related transactions this quarter. This movement has bolstered the token's price action, aligning with a long-term ascending support line observed since mid-2022. Analysts highlight that the current price behavior fits the early stages of a Livermore accumulation model, characterized by repeated support tests and increasing volatility. Bulls are actively accumulating Uniswap tokens under a resistance band between $7.80 and $8.20, a level that has consistently rejected upward movements since September.