Uniswap (UNI) is currently trading at $3.87, reflecting a 24-hour decline of 3.37%. The daily trading range has been between $3.73 and $4.08, indicating a moderate volatility with a daily range of 0.35%.

The trading volume stands at approximately 311.91 million, contributing to a volume/market cap ratio of 12.70%. Short-term moving averages reveal a bearish trend, with the 8 SMA at $3.89 down 0.53%, and the 13 SMA at $3.94 down 1.72%, suggesting downward momentum.

The longer moving averages present a mixed picture, with the 55 SMA at $3.72 gaining 4.08%, and the 144 SMA at $3.57 rising by 8.50%. This divergence suggests a potential support zone around the $3.72 level, while resistance is evident at $3.94.

The 1-hour RSI is currently at 35, indicating that UNI is approaching oversold territory, while the 7-day RSI at 55 suggests neutral momentum. The recent price changes show a 15.40% increase over the past week but a significant decline of 19.15% over the past month, highlighting volatility and potential uncertainty.

Given the current price action, the prevailing bearish sentiment reflected in the short-term moving averages, and the moderate RSI levels, a cautious approach is warranted. While there is short-term support around $3.72, the risk of further decline remains evident, especially with the recent downtrend.

In conclusion, the recommendation for Uniswap (UNI) is a Hold rating. The asset shows potential for recovery if it holds above the $3.72 support, but market conditions suggest watching closely for further signals before considering a buy.