Uniswap Tests $10.86 Support as Momentum Builds

I see UNI sliding 1.29% to $10.86 and currently testing the nearby $10.86 support after the recent pullback. The decline is modest and the price is sitting at a level that has previously held buyers.

I believe bullish momentum may be building beneath the surface—oscillators and trend indicators point to strength—but the setup still requires confirmation. I’d look for constructive price action or volume pick-up before committing more size.