Uniswap ($UNI ) is currently trading in a strong bullish momentum around $10.40–$10.80, driven by surge in protocol revenues and key fundamental catalysts like regulated futures launches.
UNI Technical Breakdown & Market Outlook
Uniswap's governance token (UNI) has recently broken out of a multi-month consolidation rectangle, pushing through the crucial $10 Psychological Resistance.
Trend & Momentum: The token shows high buying pressure with a daily 24-hour surge over 18–19%. The 50-day and 200-day Simple Moving Averages (SMAs) both slope upward, confirming sustained macro momentum.
Key Support Zone: $9.50 – $9.73 (The 50% Fibonacci retracement level and former breakout resistance now turned support). Holding above this band maintains the bullish market structure.
Next Resistance Targets: $12.00 – $12.80 (Fibonacci extension target).Indicators: The Daily RSI is floating around overbought territory (~77), indicating high volatility and potential for minor short-term profit-taking consolidation before another leg up.
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UNIUSDTPerp9.179-1.42%
