Is Uniswap (UNI) Showing Signs of Growth?

Uniswap (UNI) continues to show improving momentum after building a bullish daily structure since June. The latest move above a previous higher high suggests that buyers remain active and that further gains may be possible, provided the current structure holds. With momentum already developing, traders may consider entering gradually rather than waiting for a perfect entry that may not occur.

Uniswap (UNI) technical analysis

UNIUSD - 1 Day Time Frame

On the daily timeframe, UNI has continued forming a bullish structure since June. The latest breakout above a previous higher high further supports the constructive outlook and suggests that buyers are maintaining control of short-term price action.

Based on this development, part of a planned long position could be opened around the current price area near $3.80. This would provide exposure to the ongoing bullish momentum, while the remaining portion could be added later if UNI experiences a corrective move into a more favorable entry area.

This approach reflects the current market structure: bullish momentum is already active, but a pullback could still offer an opportunity to improve the average entry price. From a risk-management perspective, a protective Stop Loss could be placed around $3.40. A move below this level may weaken the current bullish structure and reduce the probability of further upside.

Uniswap (UNI) price target

If bullish price delivery continues, the potential Take Profit levels are located around $4.30, $4.50, and $4.90. These levels represent Buy-Side Liquidity zones where price may seek liquidity resting above previous highs.

For now, UNI maintains a constructive daily structure. The breakout above the higher high supports the long-side scenario, with the current area around $3.80 offering a possible initial entry and any future correction potentially providing an opportunity to add the remaining position. As long as UNI remains above the key risk level near $3.40, the focus could stay on the liquidity targets at $4.30, $4.50, and $4.90.

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