UNI Price Signals Bullish Reversal on Strong Adoption and DEX Volume Growth
The price of UNI has regained key support and is signaling a possible reversal after prolonged weakness.
The Uniswap token has been trading at $4.30, with a 24-hour trading volume of $322.6 million and a market capitalization of $2.69 billion.
This marks a 9.34% gain over the last 24 hours, pointing to a bullish reversal ahead.
The UNI price has reclaimed a major monthly level after months of sustained downside pressure, signaling that market sentiment may be shifting in favor of buyers.