Uniswap Breaks Out from Inverse Head-and-Shoulders Pattern, Targeting ~37% Upside

Date: June 11, 2025
Author: Rony Roy (and edited by Dorian Batycka)

📰 Summary

Uniswap (UNI) has engulfed key bullish signals after breaking out of an inverse head-and-shoulders formation on its daily chart. With major increases in trading and derivatives activity, analysts see roughly 37% upside toward a $10.40target .

Key Highlights

1. 📈 Technical Breakout

UNI surged over 20% in 24 hours, reaching $8.61 — an 84% rebound from April lows.

The breakout follows a confirmed inverse head-and-shoulders pattern on the daily chart, reinforced by a 20-day/50-day golden cross buy signal .

2. Volume & On-Chain Activity

Daily volume jumped 150+% to nearly $1.39 billion.

Derivatives open interest hit a record $713 million (+54%), with a long/short ratio favoring bullish betschartalert.in+1tradingsim.com+1.

Daily active addresses surged 92%, signaling renewed engagement .

3. Momentum & Chart Patterns

UNI has broken a multi-month downtrend, entered above key resistance.

Both MACD and RSI indicators are trending upwardpriceactiontrades.com+5optionstradingiq.com+5chartalert.in+5centerpointsecurities.com+2thebalancemoney.com+2priceactiontrades.com+2.

4. Target & Retracement Levels

The classic height of the inverse head-and-shoulders targets around $10.40, suggesting nearly 37% upside, aligning with a 24.7 % Fibonacci retracement level .

5. Recent Catalyst: Smart Wallet

Uniswap’s June 10 launch of its new Smart Wallet — simplifying on-chain usage — added fuel to the rally .

6. Regulatory Optimism

Investors are buoyed by U.S. SEC Chair Paul Atkins’ announcement of a potential “innovation exemption” for DeFi platforms, hinting at clarity and support for DeFi Summer 2.0 .

Risks & Key Levels

Immediate support: around $8.20 (23.6 % Fibonacci level).

Invalidation zone: a drop below $7.50 could negate the bullish pattern, risking a pullback toward $4.70tradingview.com+1atlas-options.blogspot.com+1.

Conclusion

Uniswap is showing strong signs of a bullish breakout—technically validated, backed by rising volume and engagement, with a well-defined upside target. However, maintaining key support zones is crucial. A breakdown could trigger a significant correction before any continuation.