Uniswap (UNI) is currently trading at $3.56, reflecting a slight 24-hour increase of 0.44%. The price has remained within a narrow daily range, with a high of $3.67 and a low of $3.53, indicating a consolidation phase after a significant decline over the past month.

The trading volume stands at approximately $182.9 million, resulting in a volume-to-market cap ratio of 8.10%, which suggests decent trading activity relative to its market capitalization. The short-term moving averages indicate bearish momentum, with the 8 SMA at $3.62 and the 13 SMA at $3.63, both showing negative trends, while longer-term averages like the 55 SMA at $3.49 and the 144 SMA at $3.50 show a slight upward movement.

The 1-hour RSI is at 30, indicating oversold conditions, while the 7-day RSI sits at 50, suggesting neutrality in momentum. Over the past week, UNI has experienced a price change of -1.62%, while the 14-day change reflects a slight positive shift of 1.76%, indicating potential short-term recovery but overshadowed by a substantial 30-day decline of 27.20%.

Uniswap's all-time high of $44.92 from May 2021 starkly contrasts its current price, emphasizing the extent of the downtrend since then. The current technical indicators and bearish moving averages suggest that while a short-term bounce could occur due to oversold conditions, the overall trend remains bearish in the medium to long term.

Given the current data and analysis, a Hold rating is recommended. This is based on the potential for a short-term recovery from oversold levels, but the lack of strong bullish signals and ongoing bearish momentum indicates that significant upward movement is unlikely in the near term.