Uniswap’s native token, UNI, has recently captured the attention of the crypto market after breaking through significant resistance levels, signaling a potential shift in its price trajectory. As of mid-June 2025, UNI is trading around $8.40, marking a robust recovery from its previous consolidation phase and igniting discussions about its next moves in the decentralized finance (DeFi) landscape .
A Technical Breakout Signals Bullish Momentum
After spending much of May in a tight range, UNI surged over 30% in early June, decisively reclaiming the $7.86 level—an area that aligns with the 0.786 Fibonacci retracement from its 2023–2024 rally . This breakout was accompanied by a notable increase in trading volume, suggesting that buyers are entering the market with conviction and reinforcing the strength of the upward move .
The daily chart reveals that UNI has not only broken above its long-standing descending trendline but has also flipped previous resistance zones at $8.00 and $8.30 into new support levels. This technical reversal is further validated by the Ichimoku indicator, which confirms the bullish trend .
Key Levels to Watch: Support and Resistance
• Immediate Support: $7.10, with a stronger safety net near $6.50 if a pullback occurs .
• Current Resistance: $8.67, which capped the recent rally. A sustained move above this level could open the door to the psychological $9.00 mark and potentially higher targets, such as $10.34 and $12.08, based on Fibonacci projections .
• Critical Support: If UNI falls below $8.00, a retest of the $7.30–$7.50 region is possible, which could determine whether the bullish momentum can be maintained .
Market Sentiment and Volume Trends
The recent surge in trading volume aligns with UNI’s price breakout, indicating strong market participation and validating the bullish sentiment. Sustained high volume is often a precursor to further price advances, provided that momentum is not interrupted by major resistance or a shift in broader market sentiment .
Short-Term Optimism, Long-Term Caution
While UNI’s short-term outlook appears positive, with a clear breakout and renewed buying pressure, the longer-term trend remains mixed. Over the past 180 days, UNI has declined by more than 50%, and its one-year performance is still negative, reflecting the broader challenges faced by DeFi tokens during the last market cycle .
Analysts suggest that a confirmed breakout above $8.67 would be a strong signal for continued upside, but traders should remain vigilant for any signs of momentum loss or reversal, especially given the asset’s historical volatility .
What’s Next for UNI?
If the current momentum holds, UNI could target the $9.00 level in the near term, with further upside potential toward $10.34 and $12.08 if bullish conditions persist . However, a failure to maintain support above $8.00 could see the token revisit lower levels, making risk management essential for traders and investors.
