$UNI NI is the governance token of the Uniswap protocol. Recent market data shows UNI around $6.79, with the price recovering from about $5.85 on September 2.
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Technical view:
๐Ÿ“ˆ Current price: ~$6.79
๐Ÿ”ผ Resistance: $7.05โ€“$7.30
๐Ÿ”ฝ Support: $6.30โ€“$6.00
๐Ÿš€ A sustained move above $7.30 could indicate stronger bullish momentum.
โš ๏ธ A drop below $6.00 would weaken the short-term structure.
Uniswap's fundamentals also include UNI governance and a protocol-fee mechanism that burns UNI, reducing supply over time.
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