UNI token is consolidating above key technical levels, with bulls eyeing a strong rally toward $10 in the near term.
Recent data shows UNI's upward movement since early July, with potential stabilization around $8.40 before a possible breakout towards $10.
Bulls are monitoring price behavior near $8.00 support and $9.20 resistance, with a breakout above $9.20 potentially confirming a move towards $10.
Technical analysis suggests a potential trend reversal for UNI, with resistance breakouts and bullish momentum indicators supporting the optimistic outlook, although caution is advised regarding volume divergence.