🦄 Uniswap (UNI) Price Update & Analysis:
Uniswap (UNI) is trading at $9.02, up 2.20% in the last 24 hours.
The market cap is $5.42B, with $262M in daily trading volume.
Despite this small rise, market sentiment is still bearish (Fear & Greed Index: 46 - Fear).
Important Support & Resistance Levels:
✅ Support (Where price may stop falling):
• $8.50: Must hold to avoid further drop.
• $7.80: Stronger support; breaking this could push UNI lower.
🚀 Resistance (Where price may struggle to go higher):
• $9.50: UNI needs to break this to move up.
• $10.50: A breakout here could start a bigger uptrend.
• $12.00: A key level for long-term growth.
What’s Next for UNI?
UNI is stuck in a range and needs to break above $10.50 to turn bullish.
If it drops below $8.50, it could fall further.
Watch for volume spikes and key price levels to see the next move.