Uniswap (UNI) price prediction hints at a market rebound with bullish momentum and technical setups.
The formation of a bullish pennant pattern on the 1-hour UNI/USDT chart signals a potential upside continuation.
Key technical indicators like the 200-period moving average and volume dynamics support a positive outlook for UNI, with a target of $8.477 projected.
While on-chain metrics show a minor dip in price, the overall market sentiment remains cautiously optimistic, with further upside expected if UNI maintains stability above key levels.