Uniswap Breaks Out of Inverse Head-and-Shoulders, Targets 37% Upside Ahead

Uniswap Breaks Out of Inverse Head-and-Shoulders Pattern, Eyes 37% Upside

Uniswap Breaks Central Resistance in Bullish Reversal Pattern Uniswap (UNI) confirmed a breakout from an inverse head-and-shoulders pattern on the daily chart, which represents a robust bullish reversal. The decentralized exchange token surged over 20% in 24 hours to $8.61 on June 11 — an 84% rise from its April low. UNI market capitalization has now exceeded $5 billion, more than Aave’s. Volume also surged over 150% to $1.39 billion in one day.…

Uniswap breaks out of inverse head-and-shoulders, targets 37% upside ahead

Uniswap is showing strong signs of a bullish reversal after breaking out of an inverse head-and-shoulders pattern on the daily chart. According to data crypto.news, Uniswap (UNI) UNI shot up over 20% in the past 24 hours, hitting a high…