Uniswap (UNI) is currently trading at $3.46, reflecting a 24-hour change of -2.07%. The price has shown a daily range of $3.45 to $3.54, indicating limited volatility, with a volume of approximately 134.28 million, translating to a volume-to-market cap ratio of 6.11%.

Moving averages indicate a bearish trend, with the 8-period SMA at $3.48 showing a decline of 0.63%, and the 144-period SMA at $3.61 down 4.19%. The relative strength index (RSI) for both the 1-hour and 7-day periods is at 45, suggesting that UNI is approaching oversold territory, but has not yet confirmed a reversal.

Over the past week, UNI has seen a price decline of 11.23%, and the 14-day change reflects a more significant drop of 23.92%. The 30-day performance is even more concerning, with a decrease of 36.36%, indicating strong downward pressure over the medium term.

The current price is significantly below its all-time high of $44.92, suggesting that UNI has substantial room for recovery if market sentiment shifts positively. However, the ongoing bearish trends and declining moving averages indicate that the current momentum is not favorable for short-term gains.

Given the technical indicators and recent performance, the recommendation for Uniswap (UNI) is to Hold. The asset is in a potential accumulation zone due to its oversold RSI levels, but the lack of bullish momentum and continued downtrends in moving averages suggest that entering a new position now could carry higher risk.