UNI Primed for 25% Surge: $12.30 Breakout Eyes $15 in Fortnight - Traders Brace for Volatility
Uniswap's governance token flashes bullish signals as technicals point to explosive upside potential.
Key levels to watch:
- $12.30: The make-or-break resistance level that could trigger algorithmic buying
- $15: Psychological target that would mark a 25% gain from current levels
Market makers appear to be building long positions ahead of what could be UNI's first meaningful rally since the SEC's latest 'guidance' (read: arbitrary roadblocks) for decentralized protocols. Liquidity pools show increasing bid support, though as always in crypto, these setups can evaporate faster than a VC's conviction during a bear market.
Two-week timeframe puts pressure on bulls to deliver - fail here, and we're likely retesting the $9 support zone. But clear the $12.30 hurdle? Then the path opens for a proper momentum play that might actually justify some of those 'DeFi summer 2.0' tweets.
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