Here is a simplified and updated analysis of Uniswap ($UNI ):

📌 Current price and daily movements

Current price: ≈ $10.71

Daily range: increased from $10.16 to $11.02

Change over 24 hours: slight decrease -1.29%

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📊 Market activity and trading volume

Daily trading volume is very large, ranging between $500M and $1.2B depending on the platform

Trading to market cap ratio (volume/market cap) ≈ 8%, indicating strong liquidity

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📈 Current technical indicators

RSI (daily) around 55, indicating a neutral state with a slight upward bias

MACD: positive, with a bullish crossover supporting the continuation of the upward trend

Moving averages: price above short and long-term averages (8 and 144 SMA), reinforcing the bullish outlook

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🔍 Support and resistance

Immediate support: at $10.00 – $10.20

Near resistance: around $11.00 – $11.20

Higher levels to watch: $12.00 – $13.00 — breaking these could open the way for a retest of the previous ATH ($44‑45)

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🧭 Quick recommendations

✅ For day traders: can enter near support ($10.20), taking profits at resistance ($11.00‑$11.20), and a stop loss slightly below $10.00.

📈 For short/medium-term investors: enter on sustained break above $11.20 supporting the likelihood of a rise towards $12‑$13.

⚠️ Potential risks: RSI reversal towards the overbought area (70+) may lead to a temporary correction.

✅ Summary

Overall technical trend: bullish with a positive technical outlook supported by volume and indicators