Weekend sharing, worth paying attention to next week, are there any Uniswap (NIU) fans? Price analysis 🔥🔥🔥

The price of Uniswap has been surging exponentially above its Fib channel and is currently maintaining momentum around $11.

In the competition between long and short, both hope that a clear trend will emerge in the next few hours. As of the time of writing, the price of UNI is $11.2, up more than 3.8% from yesterday's price.

The bears are currently firmly defending the $12 level; however, buyers are aiming to break through this level by increasing pressure.

A break above $12 may strengthen long positions, leading to a rush to the $17.2 level.

However, if the price falls below $12, it will indicate that the bears are trying to establish this level as resistance.

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