Trader Eugene is optimistic about Uniswap ($UNI): a decline below 6.50 USD would negate his positive outlook

Trader Eugene remains bullish on Uniswap ($UNI), believing that with the current market correction, the coin’s fundamentals have strengthened, especially after the team began supporting token holders.

He warns that if Uniswap drops below 6.50 USD, his optimistic outlook will be invalidated. As of recent data, $UNI reached 8.00 USD and saw a 3.3% increase in 24 hours.