Uniswap's current price is $4.68, reflecting a 24-hour decline of 3.13%. The daily price range shows minimal volatility, with the high at $4.86 and the low matching the current price, indicating potential support around this level.

Trading volume stands at approximately $150.61 million, representing 5.08% of the market cap, which is relatively healthy but not indicative of a strong trend reversal. The short-term moving averages suggest bearish momentum, with the 8 SMA at $4.77 showing a decline of 1.95%, and longer averages like the 21 SMA at $4.81 down by 2.61%, signaling continued downward pressure.

The one-hour RSI is at 29, indicating that the asset is approaching oversold conditions, which may lead to a short-term price correction. In contrast, the 7-day RSI at 47 suggests that while the asset is not yet oversold, it is nearing a threshold that typically precedes buying interest if momentum shifts.

Over the past week, UNI has decreased by 5.56%, with more pronounced declines over the 14-day and 30-day periods at 15.44% and 21.69%, respectively. This consistent downtrend raises concerns about overall market sentiment, which is reflected in the downward trajectory of moving averages.

The all-time high of $44.92, achieved in May 2021, underscores significant long-term potential but highlights the substantial distance from the current price level. Given the current bearish indicators, particularly in the moving averages and RSI metrics, a cautious approach is warranted.

Based on the analysis, a Hold rating is recommended. While there are signs of potential near-term overselling, the overall trend remains bearish, suggesting that investors should wait for clearer bullish signals before committing new capital.