Below is an updated analysis of Uniswap (UNI) as of May 12, 2025, including real-time price, technical analysis, and trading strategy.
🔍 Market Overview
• Current Price: $7.03 USD
• Daily Volatility: Highest $7.29 USD, Lowest $6.75 USD
• 24h Trading Volume: Approximately $62.25 million USD
• Market Capitalization: Approximately $4.12 billion USD
UNI has increased over 26% in the past week, reflecting a strong recovery after the price drop in early May.
📈 Technical Analysis
• Nearest Resistance: $7.50 USD
• Strong Support: $6.66 USD
• RSI (14): At neutral level, indicating the market is neither overbought nor oversold.
• MACD: MACD line crosses above the signal line, buy signal.
• ADX: Rising, indicating the current trend is strengthening.
The daily chart shows UNI is in an upward trend, with a 'Bullish Continuation' pattern indicating the potential for further price increase.
📰 Featured News
• Proposed 'fee switch': Uniswap is considering sharing a portion of transaction fees with UNI holders, which could increase the value and utility of the token.
• Launched on Soneium: Uniswap has integrated with Soneium, a Layer 2 focused on entertainment, expanding the application scope of the platform.
📊 Trading Strategy
Scenario 1 – Open Long Position
• Reason for Entry: Price breaks above the resistance level of $7.50 with increased trading volume, confirming the upward trend.
• Entry Zone: $7.10 – $7.30
• Stop Loss (SL): $6.90 (Below the nearest support)
• Take Profit (TP): $7.80 – $8.00
• Success Probability: 65% (Based on strong technical signals and capital inflow)
Scenario 2 – Open Short Position
• Reason for Entry: Price cannot maintain above $7.50 and shows signs of a downward reversal.
• Entry Zone: $7.40 – $7.50
• Stop Loss (SL): $7.60 (Above the nearest resistance)
• Take Profit (TP): $7.00 – $6.80
• Success Probability: 55% (Based on the possibility of correction after a strong increase)
Note: The market is in an exuberant state; strict risk management and close monitoring of technical signals are required.
🔗 Trade UNI
Trade directly on Binance: Trade UNI
