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UNI Pushes Above $8.12 Mark as Price Eyes $9.10 and $12.00 Zones

UNI Pushes Above $8.12 Mark as Price Eyes $9.10 and $12.00 Zones

CryptonewslandCryptonewsland2025/06/12 03:08
By:by Yusuf Islam
  • UNI closed above $8.12 after weeks of trading between $6.10 and $7.50 showing a fresh breakout pattern.
  • The price structure now builds above the last range and heads for resistance near $9.10 with clear movement.
  • If volume increases UNI could touch $12.00 as trend builds with higher closes above $8.30 in coming sessions.

Uniswap (UNI) reached $8.12 on June 10, 2025, following a 1.56% gain that pushed it past a critical $7.50 level. The chart shows a clear breakout on the 12-hour timeframe, confirming bullish control after weeks of range-bound trading.

UNI Pushes Above $8.12 Mark as Price Eyes $9.10 and $12.00 Zones image 0 UNI Pushes Above $8.12 Mark as Price Eyes $9.10 and $12.00 Zones image 1 Source: X

Data from Binance’s perpetual contract pair shows UNI traded between $6.10 and $7.50 for most of May. A recent rally propelled the token above this consolidation area, closing in on the $8.30 zone.

The candlestick structure shows strong upward momentum, with UNI setting a high at $8.313 and a low at $7.906 in the latest session. Price continues to build on this breakout, gaining distance from previous support.

Consolidation Breakout Unlocks New Price Zones

The breakout follows a period of consolidation that extended across multiple weeks. This range produced price compression between $6.10 and $7.50, where most candlesticks displayed indecision and long wicks.

Price action changed sharply after UNI surged above $7.50 with a large bullish candle. That move confirmed a breakout, backed by consecutive bullish closes. This shift indicates new momentum building in the short-term trend.

The $7.50 level now acts as a new support zone. Previous failed attempts to break this range are now invalidated. Traders who waited for confirmation above this barrier now have technical evidence to follow.

Multiple retests of the $6.10 level helped define the support base. The reaction from this area formed a double-bottom structure that now fuels bullish sentiment. This adds technical strength to the rally that unfolded this week.

The current upward movement shows clean, uninterrupted candles with minimal wicks. That structure suggests strong buying pressure with reduced selling interference. This price behavior generally reflects increased confidence among market participants.

Can UNI Reach $9.10 or Even $12.00 in the Coming Sessions?

The next immediate level lies around $9.10, just above the dotted horizontal guide on the chart. This region marks a past rejection zone and will likely serve as the first barrier for this move. Traders may look for a reaction if price approaches this range.

Above $9.10, the final resistance stands at $12.00. This level was last touched before a large market correction in 2024. A retest could invite renewed attention if volume continues building on the current breakout.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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