Uniswap (UNI) Price Shows Signs of a Multi-Month Breakout After Bouncing From Support

Uniswap's native token, UNI, is showing signs of a potential multi-month breakout after rebounding from a long-standing support level.

Uniswap’s native token, UNI, is displaying signs of a potential multi-month breakout as it recovers from a crucial support level. Analysts are watching a key resistance area closely, as breaking through it could set the stage for a steep upside.

Despite recent declines in trading volume, the price action is showing signs of increasing momentum. A weekly close above the $10.35 level could be the final push-off point for a sustained bullish surge, according to technical analysis.

Uniswap Price Recovers From Strong Support

The latest move in UNI’s price is unfolding as the token recovers from a strong bounce at the $5.50 support level. This level has acted as a safety net for the token on multiple occasions, and its presence is now setting the stage for price stability, helping to prevent further downside pressure.

As the token recovers, it is now encountering the first critical resistance zone at $10.35.

Analyst Crypto Patel highlights this zone as a “breaker” level, at which previous attempts to move higher have stalled. A close above this price on the weekly chart would denote a structural shift in market sentiment.

$UNI MASSIVE BREAKOUT PLAY INCOMING #UNI is bouncing hard from support & eyeing the 1st breaker zone at $10.35 — a weekly close above this can trigger a MAJOR RALLY!

Next Targets → $15… $29… $50+

The chart looks primed for a multi-month breakout. Get ready.

Retweet if… pic. ${img:internal:ph_user,best fit}

— Crypto Patel (@CryptoPatel) June 11, 2025According to his chart analysis, it may serve as a launchpad for extended gains.

Beyond the $10.35 mark, the Uniswap chart reveals several other critical resistance levels that could shape UNI’s next moves. The next key target is at $14.94, followed by broader resistance around $22 and $29. If the rally manages to sustain itself, some long-term projections even suggest a potential move toward the $50 region.

The structure of the trend also supports this bullish technical setup. Since late 2022, UNI has been charting an ascending channel, and each time it hits the lower trendline, it bounces back up.

Current conditions show another such rebound, indicating that the overall upward structure remains intact despite recent volatility.

UNi Broader Sentiment Reflects Possible ShiftAnalyst Crypto Patel recently shared a bullish outlook, stating that UNI appears “primed” for a breakout toward much higher levels.

This optimistic view comes as UNI experienced a 26.78% surge in price over the past week, although it dropped by 3.44% in the last 24 hours.

Data from CoinGecko at press time shows that UNI is currently trading at $8.05, with a 24-hour trading volume of $637.9 million. However, this reflects a 54.10% decrease in 24-hour volume, suggesting a temporary cooling in market activity.

Despite this, the broader trend remains positive amid growing interest in decentralized finance tokens.

The current technical setup aligns with broader crypto market trends, which favor recovery and breakouts from long-term consolidation zones. With support holding firm and UNI trending upward, conditions now seem favorable for sustained momentum.

If the token manages to clear the $10.35 mark, further upside toward mid- and long-term targets could follow.