UNI Price Hits Upper Bollinger Band Ceiling at $3.90
UNI's price is currently pressing against the upper Bollinger Band at $3.82, while its MACD momentum has flatlined.
The protocol's token has been in a base-building phase, with major moving averages indicating a bullish macro structure.
However, the MACD histogram has rounded to zero, suggesting that buyers are hesitant rather than aggressive.
The real pressure point is the Bollinger Band setup, where UNI is knocking on the upper band ceiling of $3.90.
A genuine breakout above $3.94 would require conviction behind it, as the current volatility level is relatively low at 81% of the band range.