$UNI is holding up well after a sharp breakout, and the 4H chart still looks constructive. 👀
Price is around $8.85, sitting above the 7-MA ($8.75) and 25-MA ($8.42), while the 99-MA remains near $6.98. That alignment shows the short-term trend is still bullish.
RSI is near 65, so momentum is strong without being deeply overbought yet. The key zone now is $8.50–$8.70; holding it could keep buyers in control. Above $9.00, the recent $9.50 area becomes the next major hurdle.
Fundamentally, Uniswap’s momentum is being supported by rising protocol activity, new v4 features, and expansion of its fee/burn mechanism.
Still, after such a fast move, a pullback would be completely normal. Watch volume and support closely.
#UNI #Uniswap’s #UNIUSDT
Price is around $8.85, sitting above the 7-MA ($8.75) and 25-MA ($8.42), while the 99-MA remains near $6.98. That alignment shows the short-term trend is still bullish.
RSI is near 65, so momentum is strong without being deeply overbought yet. The key zone now is $8.50–$8.70; holding it could keep buyers in control. Above $9.00, the recent $9.50 area becomes the next major hurdle.
Fundamentally, Uniswap’s momentum is being supported by rising protocol activity, new v4 features, and expansion of its fee/burn mechanism.
Still, after such a fast move, a pullback would be completely normal. Watch volume and support closely.
#UNI #Uniswap’s #UNIUSDT
