Uniswap (UNI) is ready to go! The key support level of $9.20 is the dividing line between bulls and bears. Target price $14 | UNI price prediction

The Uniswap governance token UNI has recently shown strong signs of recovery, currently trading around $10.24. Renowned crypto analyst AlphaCryptoSignal pointed out that its price chart has formed a typical bullish reversal pattern - the rounded bottom, and has completed a key neckline breakout ($9.00-$9.20). If it can hold this breakout support zone, the UNI price is expected to initiate a new round of pump. In terms of technical indicators, the 9-day EMA provides short-term support, while the 50-day SMA constitutes a deep defense line. The volume increase during the breakout validates the buying strength. Analysts are short-term focused on the breakout of the $11 resistance level, with the upward target looking towards the $12-$14 range.

UNI shows signs of recovery, technical patterns indicate potential breakout The Uniswap Token UNI is once again attracting market attention, with its price showing a strong recovery trend. Currently, the UNI price stabilizes at $10.24. A well-known crypto analyst on platform X (formerly Twitter), AlphaCryptoSignal, analyzes that the UNI price chart is preparing for a potential breakout, provided it can hold the key support level. The analyst pointed out in a recent post that UNI has formed a classic Rounding Bottom Pattern, which often appears before a major trend reversal. The logic behind its formation is clear: the downtrend gradually weakens, buyers slowly gain control, and the price curve forms a bottom upwards. The chart shows that UNI's recent performance perfectly aligns with this pattern.

Bullish arc bottom pattern has been completed, neckline breakout has been validated This potential bullish reversal pattern began in January 2025, with the UNI price gradually forming a smooth arc bottom over several months. A critical turning point occurred in mid-July when the UNI price successfully pumped above the key neckline located in the $9.00-$9.20 region. After the breakout, the UNI price briefly reached a high of $11.00 before pulling back slightly. The current price is still firmly trading above the breakout level, aligning with traders' expectations for a healthy pullback. As long as the bulls can hold the support area (neckline or 9-day EMA), a successful retest confirmation may serve as a "launchpad" for the next round of rise.

Key Technical Indicators and Support Level Analysis

• Moving Average System Provides Support: The current 9-day EMA is hovering below the UNI price, forming an important short-term dynamic support. A deeper line of defense is provided by the 50-day SMA, located around $7.87; if the price experiences a deeper pullback, this area will become a key support level.
• Volume Confirmation of Breakthrough: The Trading Volume significantly increases during the breakthrough, adding credibility to the effectiveness of this breakthrough. A breakout accompanied by increased volume usually indicates strong buyer determination and is an important signal of a genuine breakout.
• Target price points to resistance area: If the current trend is maintained, analysts expect the UNI price to rise to the $12-$14 range, which aligns with historical resistance levels.

Key Levels for UNI Price and Market Outlook Although UNI has performed strongly recently, the market focus has shifted to its offensive and defensive situation at several key price levels:

1. Core Support Zone ($9.00-$9.20): This is the neckline area where the previous breakout occurred, and it is also the most important observation point currently. As long as the price remains above this area, the bulls hold the advantage.
2. Recent resistance level ($11.00): If it can effectively break through and hold above the $11.00 level, it may signal the start of a new bullish trend, attracting more buying interest.
3. Potential Pullback Support ($7.00-$7.87): Traders are closely monitoring any signs of weakness. If it unfortunately falls below the critical support of $9.00-$9.20, market attention will shift to the $7.00-$7.87 area (including the 50-day SMA), looking for possible rebound opportunities.

Conclusion: The effectiveness of the breakout and the strength of the support determine the direction The UNI price has successfully formed and broken through the arc bottom pattern, combined with the volume during the breakout, providing a technical basis for its potential medium-term pump trend. The current price is solidly above the neckline, and the 9-day EMA also provides short-term support, with the overall structure leaning towards positivity. Investors need to pay close attention to the defense strength of the key support area at $9.00-$9.20, which is the bull-bear dividing line for maintaining a bullish outlook. If it can successfully break through the $11.00 resistance, it is expected to open the door to the target range of $12-$14. Conversely, if the key support is lost, one must be wary of deep pullback risks, looking down to the $7.00-$7.87 support zone. For crypto investors focusing on DeFi leading tokens and breakout trading opportunities, the subsequent trend of UNI is worth closely tracking.