Newswire Style (Concise & Factual)
UNI Extends Gains to $7.71 as Breakout Momentum Builds Toward $10
Uniswap’s UNI token rose 7.33% to hit $7.7177 early Monday, extending its recent rally after breaching key resistance at $7.65. The move comes amid growing bullish momentum, with analysts citing strong technical structure and renewed buying activity.
The breakout was supported by higher trading volumes during the Asian session, especially between 08:00–08:04 GMT. UNI had previously consolidated near $7.40 but has now reclaimed price levels last seen in March.
Crypto analyst Ali Martinez highlighted the breakout last week, targeting $10 as the next major level. The token’s ascending trendline and consistent higher lows suggest continued bullish structure, though sustained momentum above $7.70 will be key in confirming upside continuation.
