<ul data-eligibleForWebStory="false"><li>Analysts are observing Uniswap's price stabilization above the $7.40 support zone as a potential setup for a move toward the $8.00 resistance level, with growing interest reflected in volume and support levels.</li><li>A short-term breakout confirmed bullish momentum as Uniswap formed a bullish pennant pattern on the 30-minute chart, reaching $7.49 with increased volume during the breakout candle. The 50-period moving average acted as dynamic support.</li><li>Crypto analyst Crypto Joe projected a target of $7.827 based on the flagpole's measured move, suggesting a continuation of the current trend supported by historical resistance levels. Market activity and volume reinforce the bullish outlook.</li><li>Indicators on Uniswap's daily chart point to momentum building for a potential breakout, with the MACD showing an early bullish crossover and histogram turning positive, while the CMF indicates mild capital outflows that could shift with higher volume.</li></ul>

Uniswap Price Prediction Shows Momentum Building Above $7.40 Support Zone

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