🔼 $UNI Showing Early Signs of Momentum – Could a Move Toward $6.50 Be Next?

#uniswap (UNI) has shown slight bullish momentum today, rising 1.72% to trade around $6.28 on Binance. Although the broader market remains uncertain, UNI's price action is starting to turn heads in the DeFi sector.

Over the last 24 hours, $UNI has fluctuated between a low of $6.106 and a high of $6.432, with trading volume reaching 4.54 million UNI, worth approximately $28.57 million USDT. This surge in volume hints at growing interest from both retail and institutional traders.

On the 4-hour chart, UNI has been respecting a slow upward trend, building higher lows over time. Currently, the price is resting just above a mid-range support at $6.25. If bulls can maintain this level, the next key resistance lies near $6.45—a price that was briefly tested earlier in the day. A confirmed breakout above this zone could push UNI toward $6.65 or even $6.90, in line with the upper boundary of its current price channel.

However, if the price slips below $6.10, downside targets could emerge at $6.04 or $5.94, which would indicate weakening momentum in the short term.

Despite recent corrections, UNI has shown resilience, especially as DeFi gains renewed attention. Many investors still see Uniswap as a core asset in decentralized finance, and a broader market recovery could support a stronger rally in the coming weeks.

While current gains are modest, market watchers suggest that this consolidation may be a healthy setup before a larger upward move—especially if on-chain activity and volume continue to rise.

Buy and Trade Here on $UNI