Uniswap (UNI) is currently trading at $6.45, reflecting a 24-hour change of -2.14%. The daily trading range has been relatively tight, with a high of $6.65 and a low of $6.07, indicating some selling pressure in the market.

The volume over the last 24 hours stands at approximately $786 million, translating to a volume/market cap ratio of 19.33%. This level of volume suggests decent liquidity but also hints at a lack of strong buying interest, given the slight price decline.

In terms of moving averages, the 8 SMA and 13 SMA show positive short-term momentum, at +1.22% and +2.00% respectively. However, the 55 SMA and 144 SMA indicate significant resistance levels, with declines of -4.61% and -10.12%, suggesting that longer-term sentiment remains bearish.

The RSI metrics show a mixed picture: the 1-hour RSI at 60 indicates that the asset is approaching overbought territory, while the 7-day RSI at 46 signals that it is closer to oversold conditions. This divergence suggests short-term traders might see a minor bounce, while longer-term holders should be cautious due to the broader downtrend.

Over the past week, UNI has declined by 11.21%, but it has shown some recovery over the last two weeks with an increase of 8.83%. The 30-day price change of 6.24% reflects some resilience, yet it pales in comparison to its all-time high of $44.92 set in May 2021, highlighting the significant distance from peak performance.

Given the current technical indicators, Uniswap is showing signs of short-term recovery potential but is constrained by longer-term resistance levels. Therefore, the recommendation is to Hold, allowing for potential short-term gains while remaining cautious about broader market trends and resistance at higher levels.