- UNI breaks $7.50 resistance, signaling strong bullish momentum and technical strength
- Long-term wedge breakout could propel UNI to $27.40, a 240% potential upside
- Regulatory clarity boosts DeFi confidence, aligning with UNI’s bullish price setup
Uniswap (UNI), the governance token of the popular decentralized exchange, is making waves this June. After spending months in a consolidation phase, the token has surged past key resistance levels with confidence. As of press time trading at $8.43, UNI has gained over 25% in the past week alone, signaling a shift in market sentiment.
Backed by rising volume and positive technical indicators, the market appears increasingly bullish. With UNI on the brink of a major breakout, analysts believe the token could target $10 in the short term, and possibly much higher if broader DeFi narratives continue to strengthen.
Momentum Gains Support from Technical Patterns
UNI recently broke through its $7.50 resistance after weeks of accumulation between $6.10 and $7.50. This zone had served as a strong base, and breaching it marked a decisive technical breakout.
According to analyst Ali Martinez, strong bullish candlesticks and volume spikes confirm the growing interest in UNI. He believes that if UNI successfully retests $7.50 as support, it could rapidly ascend toward $10.
Bitcoinsensus Eyes Long-Term Breakout Potential
Bitcoinsensus adds a longer-term perspective, highlighting that UNI has spent nearly three years inside a right-angled ascending broadening wedge. The token is now approaching the upper boundary of this pattern.
Breakouts from such structures have historically led to explosive price moves. According to the analysis, a move into what they term the “Banana Zone” could push UNI toward a price of $27.40 a potential gain of 240%.
Fueling this optimism is the recent regulatory clarity provided by former SEC commissioner Paul Atkins. This has brought renewed confidence to the DeFi sector and could attract a fresh wave of capital. The alignment of technical strength and positive sentiment around DeFi narratives creates a strong setup for UNI’s continued rise.
June Forecast and Final Thoughts
Coincodex projection for June 2025 suggests UNI could reach a monthly average of $10.68. Forecast ranges vary from $8.57 to $12.98, showing strong upside potential. If current momentum holds, investors could see a gain of over 50% this month alone.
