1. With TVL in the DEX protocols standing at $16 Bn, Uniswap stands in the third position with $4 Bn locked in its protocol. 2. UNI has been trading above its 20 and 50 DEMA. It is not able to sustain above $35. Closing above $35 on Daily Time Frame may trigger fresh buying to the upside to the levels of $39 followed by $45. 3. The support to the lower side is present at $32.5.
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