Uniswap (UNI) is currently trading at $5.47, showing a 24-hour change of 1.20%. The price has experienced a daily high of $5.50 and a low of $5.38, with a narrow daily range of just $0.12, indicating low volatility in the short term.

The volume over the past 24 hours stands at approximately 146.61 million, representing a volume-to-market cap ratio of 4.25%. This relatively moderate volume suggests steady interest in UNI, though it may not be enough to drive significant price movements in the immediate future.

Examining the moving averages, the 8, 13, and 21-period SMAs are all trending positively, indicating bullish momentum. However, the 144-period SMA is trending downwards, suggesting potential resistance at higher levels and a long-term bearish trend as indicated by the 14-day price change of -9.84%.

The 1-hour RSI is at 64, approaching overbought territory, which might suggest a temporary pullback is imminent. In contrast, the 7-day RSI is neutral at 50, reflecting a lack of strong directional momentum over the past week, while the 7-day price change shows a decline of 1.64%.

Considering the longer-term perspective, UNI has lost approximately 27.56% over the past 30 days, indicating a bearish sentiment in the broader market context. The all-time high of $44.92 reached in May 2021 emphasizes the significant drawdown from historical price levels, making current valuations appear attractive for a potential rebound.

In summary, while there are short-term bullish signals, the overall trend remains bearish with significant overhead resistance at higher moving averages. Therefore, a cautious stance is warranted, leading to a Hold rating as traders should wait for clearer bullish confirmation before entering new positions.