Uniswap (UNI) is currently priced at $3.61, reflecting a significant 24-hour decrease of 5.58%. The price has fluctuated between a 24-hour high of $3.85 and a low of $3.60, indicating tight trading conditions with a daily range of only 0.25%.

Trading volume stands at 316,375,177, contributing to a volume-to-market cap ratio of 13.82%, suggesting a relatively active trading environment. The hourly moving averages reveal bearish trends, with the 8 SMA at $3.72 (-2.93%) and the 55 SMA at $3.83 (-5.86%), indicating persistent downward pressure on the price.

The Relative Strength Index (RSI) metrics show that the 1-hour RSI is at 26, indicating oversold conditions, while the 7-day RSI sits at 42, suggesting a lack of bullish momentum. Over the past week, UNI has seen a price decline of 22.35%, and a more substantial drop of 41.79% over the past 30 days, highlighting ongoing weakness.

Uniswap's all-time high of $44.92, reached on May 3, 2021, serves as a stark contrast to its current valuation, illustrating a dramatic loss in value over time. The market sentiment remains bearish, as evidenced by the sustained downtrends in both short-term and long-term price changes.

Given the current technical indicators and the negative momentum in the price action, a cautious approach is warranted. The combination of oversold RSI conditions may provide a temporary bounce, but the broader trend suggests continued weakness.

Rating: Sell. The overall bearish trend, combined with recent price performance and technical indicators, suggests further downside risk before any potential recovery can be established.