Uniswap Price Rally at a Crossroads: Can it Break $7.80?

Uniswap's price has been on a steady rise since mid-August, holding above $6 and approaching a crucial resistance zone around $7.50 to $7.80.

The token has formed higher lows along a rising trendline, indicating that buyers remain active in the market.

However, the bigger test lies ahead as Uniswap faces selling pressure at the mentioned resistance area.

A daily close above this range could strengthen the bullish case and open doors towards higher targets for UNI price.