The article discusses the bullish momentum of the cryptocurrency Uniswap (UNI) as it approaches the $12.3 mark. UNI has shown resilience after rebounding at the $10.3 support level, with buyers stepping in to sustain the rally. This positive price action is supported by rising trading volume and favorable technical indicators. If UNI is able to hold above crucial support zones, it could extend its gains and potentially reach higher price targets. Key indicators align with the bullish outlook, including the price heading toward the key 100-day Simple moving averages and the RSI moving out of oversold territory. A sustained move above $12.3 could lead to even higher levels and solidify Uniswap's bullish outlook. However, a failure to maintain this level could result in a retracement to nearby support zones, where defending these levels will be important for the bulls.



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