Uniswap’s UNI Surges 7%, With Technicals Signaling Path to $10, Says Analyst

UNI Rallies Past $7.70 as Analysts Flag Fresh Bullish Breakout

Uniswap’s governance token, UNI, is making headlines after a sharp 7.33% rally propelled it to a high of $7.7177 early Monday, signaling a potential breakout with $10 now within reach.

UNI began the day near $6.97 and gathered strength during Asian trading hours, breaking past the $7.65 resistance zone—a level that had previously capped upward moves. The bullish momentum was reinforced by a burst of volume around 08:00 GMT, confirming strong buyer interest.

Technical patterns show a clean breakout from a consolidation range, supported by a steady climb of higher lows and improving short-term structure. Analysts view the breakout as a signal that UNI may be regaining bullish momentum last seen in the first quarter.

Notably, crypto strategist Ali Martinez posted on X last week that UNI had entered “breakout mode” and suggested a potential run toward $10. Monday’s price action brings that projection closer to realization.

Chart Watch:

UNI formed solid base support at $6.9788 before rallying.
Price surged past resistance levels at $7.40 and $7.65 with elevated volume.
Intraday price action saw brief pullbacks at $7.20 and $7.43, both of which were swiftly bought.
Volume spikes around 08:00 GMT accompanied the breakout, marking a significant inflection point.
Short-term trend remains upward, with consolidation near $7.70 indicating strength, not exhaustion.

With sentiment improving and technicals pointing higher, UNI could continue to advance—provided bulls defend the $7.65 zone as new support and market conditions remain favorable.