Uniswap (UNI) is currently priced at $3.54, reflecting a minor 24-hour decline of 0.23%. The daily trading range has been tight, with a high of $3.62 and a low of $3.44, indicating a lack of significant volatility in the short term.

Trading volume stands at approximately $196.18 million, constituting 8.74% of its market capitalization, which suggests a moderate level of activity. The hourly moving averages show a bearish trend, with the 8 SMA at $3.59 down 1.40% and the 13 SMA at $3.57 down 0.73%, indicating short-term selling pressure.

The 1-hour RSI at 60 implies that UNI is approaching overbought territory, while the 7-day RSI at 53 suggests neutrality in momentum. Recent price changes reveal a 4.93% gain over the last week, contrasting sharply with a 9.30% decline over the past 14 days and a significant 33.48% drop over the past month.

The all-time high for UNI stands at $44.92, reached in May 2021, which illustrates the substantial distance from its peak. Given the current price action and mixed indicators, UNI is experiencing consolidation after a significant downtrend, and the overall trend remains bearish in the longer time frames.

Based on the technical indicators, short-term selling pressure, and the absence of bullish momentum, a Hold rating is warranted. Investors should monitor for signs of recovery or further declines before making new commitments.