UNI recently crossed a staggering $2 trillion in cumulative trading volume on Ethereum’s Layer 1 blockchain.
recently crossed a staggering $2 trillion in cumulative trading volume on Ethereum’s Layer 1 blockchain, underscoring its significance in the decentralized finance ecosystem.
The key question now is whether this milestone can ignite enough momentum to reverse Uniswap’s bearish trajectory.UNI’s price chart shows critical support and resistance levels that may shape its immediate future. The primary support level sits around $6.39, a vital area for halting further declines if sellers maintain pressure.Additionally, Uniswap faces significant resistance at $8.31, a level it must break to confirm a recovery. A more ambitious target lies at $11.
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