Uniswap (UNI) is currently priced at $3.39, reflecting a slight decrease of 0.33% over the last 24 hours. The asset has seen a daily trading range of $3.31 to $3.46, indicating a stable market environment with a daily range of just 0.15%.

Trading volume stands at approximately 184 million, equating to a volume-to-market cap ratio of 8.58%, which suggests moderate liquidity. The hourly moving averages show a mix of momentum, with the 8 SMA indicating a bullish trend at $3.35 (+1.20%), while the longer-term averages, such as the 144 SMA at $3.51, suggest bearish pressure.

The current RSI values indicate that UNI is near neutral territory, with the 1-hour RSI at 47 and the 7-day RSI at 50. This positioning does not suggest an immediate oversold or overbought condition, but the RSI trend should be monitored closely as it may signal upcoming momentum shifts.

Looking at price changes, UNI has shown a modest recovery over the past week (+6.14%) and two weeks (+6.88%), but a significant decline of approximately 29% over the last 30 days suggests underlying weakness. The all-time high of $44.92 set in May 2021 highlights the significant distance UNI has to cover to regain bullish sentiment.

Given the mixed technical indicators, including the bearish longer-term SMAs and neutral RSI levels, the current price action suggests a cautious approach. Therefore, I recommend a Hold rating on UNI, as potential investors should wait for clearer bullish signals before committing to a buy or sell position.