Short-term charts indicate bullish pressure building for a potential breakout for Uniswap, with healthy trading volume and improving momentum.
Despite minor pullbacks, Uniswap closed at $7.51, showing a 1.94% gain with steady trading volume indicating controlled market conditions.
A symmetrical triangle pattern on the 4-hour chart suggests a possible breakout towards $8.00 if Uniswap breaks above the upper boundary with volume confirmation.
Daily indicators show mixed momentum for Uniswap, with resistance around $8.00 and support at $7.00, requiring positive confirmation in indicators for a sustained breakout.