Uniswap Price Rally Seeks $15 as Bulls Defend Key Support

The Uniswap (UNI) price has been gaining bullish momentum as buyers defend key support and push the UNI price toward major resistance. According to Rekt Capital, UNI has surged around 57% since successfully retesting a key support zone, confirming renewed buying pressure and improving its short-term market structure.

The rebound has now carried UNI toward a major descending trendline, where sellers could attempt to limit further gains. If the UNI price decisively breaks above this resistance and converts it into support, bullish momentum could accelerate, bringing the $10 level into focus first, followed potentially by the higher $15 target as momentum strengthens.

The Bollinger Bands and MACD indicators are also pointing to a strong recovery, with the UNI price chart depicting a sharp upward push that stretched past the upper Bollinger Band. Technical indicators further reinforce this strong upward momentum, with the MACD line expanding significantly above the signal line.