$UNI Analysis 🚀 What NEXT ?

Uniswap (UNI) began the prior weekend with a 6% decline to $7.30. On Sunday, sellers maintained control, pushing the price down nearly 2% to $7.17. Monday saw UNI surge to an intraday high of $7.99 but close at $7.43, up almost 4%. Buyers attempted another rally on Tuesday, but UNI settled nearly flat at $7.42. Wednesday brought volatility, with buyers gaining control, lifting the price 1.97% to $7.57. The upward trend continued Thursday, with a 1.31% increase to $7.67.

Bearish momentum returned Friday, with UNI plummeting over 8% to $7.05. Saturday saw further declines of 8.39%, dropping below $7 and the 20-day SMA to $6.46. On Sunday, UNI hit an intraday low of $5.93 but recovered to $6.27, down 2.94%. Bullish sentiment emerged Monday, driving an 8.54% rise above the 50-day SMA to $6.87. Currently, UNI is up nearly 1%, with buyers aiming to breach $7 and the 20-day SMA.