$UNI As of today, UNI (Uniswap) appears to be in a bullish phase. The decentralized exchange token has shown resilience despite market fluctuations, buoyed by growing adoption and increasing volumes on the Uniswap protocol. Given the ongoing trends in the DeFi space, UNI has strong potential for further gains.
**Analysis**: The price of UNI at $9.04 suggests that it is in a consolidation phase, with buyers maintaining control. However, as long as the price stays above the key support of $8.50, UNI could see further upward momentum.
**Target Price**: $9.80
**Buy Price**: $8.85 (for a potential entry point)
**Current Price**: $9.04
With the market sentiment favoring DeFi and Uniswap's continued dominance in decentralized exchange protocols, UNI has room for potential growth in the near term. Keep an eye on $8.50 for signs of a bullish continuation.