Uniswap breakout setup forming, 20 percent price target at 11

[MadWhale]

Hello️
Let’s analyze Uniswap’s price action both technically and fundamentally .

Fundamental analysis:
A new proposal could send 65% of Uniswap fees to UNI stakers, making the token yield-bearing.
If approved, UNI may see strong demand, but delays could slow momentum.

Technical analysis:

UNIUSDT
is approaching two key support zones while testing the psychological resistance at 10. A clear breakout above this level could signal a continuation move of around 20%, with price targeting the 11 area.

Using My Analysis to Open Your Position:
You can use my fundamental and technical insights along with the chart. The red and green arrows on the left help you set entry, take-profit, and stop-loss levels, serving as clear signals for your trades.️ Also, please review the disclaimer carefully.

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