UNI Price Rally May Be Short-Lived Amid Flatlining Momentum

UNI (Uniswap) has seen a 5.7% intraday surge to $4.62, but momentum is already flatlining as price hugs the upper Bollinger Band.

The immediate setup suggests caution for bulls, with a yellow flag raised despite the impressive move.

The Stochastic indicator sitting at 86.44 confirms that the short-term cycle is stretched, not extending, and the MACD histogram printing a dead-flat zero indicates exhaustion rather than a breakout.

Despite this, UNI's trend remains intact, with the token trading above every major moving average, including the 200-day SMA at $3.46.