$UNI 🛠️ UNI's $5.94 Flip: The Tokenomics Breakout

Uniswap (UNI), currently trading near $5.54, is targeting the $5.94 resistance level, which represents an approximate 7.2% short-term rally. This $5.94 price point is critical as it sits directly on a key Price 3 Standard Deviations Resistance line and is the immediate ceiling of the current consolidation box. A decisive break above this level is essential to stabilize the price and escape the current short-term bearish structure.

The momentum for this upward test is fundamentally driven by the highly anticipated "UNIfication" governance proposal. This plan activates the long-awaited fee switch, which directs a portion of trading fees toward UNI token buybacks and burns, creating deflationary pressure and boosting the token's value accrual.

Technically, UNI must first overcome the pivot point resistance (R1) near $5.87. A high-volume close above $5.94 would successfully clear this immediate resistance and signal a strong, short-term momentum shift, setting the stage for a push toward the next major resistance cluster near $6.37 (the 78.6% Fibonacci retracement) and the 50-day SMA.