$UNI is the governance token of Uniswap, a decentralized exchange protocol. Its short-term direction depends on market sentiment, trading volume, and whether price breaks above resistance or falls below support. Confirm current levels before entering a trade.
Bullish scenario: A strong breakout above $7.50–$7.70 with rising volume could indicate recovery.
Bearish scenario: A break below $7.00 may lead to a retest of $6.80.
Strategy: Wait for confirmation and monitor volume before entering a trade.
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