Technical analysis by Se7enSkies about Symbol UNI on 6/22/2025

Uniswap has beautifully broken out of a downtrend that started in December. Uniswap was stuck in a downtrend from around 6 months. The entire crypto market took a hit and that’s why it’s crucial for price to stay above the downtrend line. If price goes back below the trend line then this could be considered a fake out. If price manages to successfully retest this trend line then the first target would be 10 USD for Uniswap.