Uniswap (UNI) is currently priced at $5.36, reflecting a 24-hour decline of 1.25%. The daily trading range has been relatively tight, between a low of $5.30 and a high of $5.59, indicating a lack of strong bullish momentum.

The trading volume of $235.94 million corresponds to a market cap volume ratio of 6.94%, suggesting moderate activity relative to its overall market cap. The hourly moving averages indicate a bearish trend, with the 8 SMA at $5.39 showing a decrease of 0.47%, and longer-term averages also reflecting ongoing downward pressure.

The 1-hour Relative Strength Index (RSI) is at 29, signaling oversold conditions, while the 7-day RSI is at 41, indicating that the asset is nearing an oversold territory. Price changes over various time frames—14 days down 10.58% and 30 days down 2.24%—further underscore a bearish trend that investors should consider.

Uniswap's all-time high of $44.92, reached in May 2021, contrasts sharply with the current price, suggesting significant downside from previous peaks. The fundamental outlook remains challenging, with price declines and bearish indicators dominating the technical landscape.

Given the current price action, declining RSI values, and bearish moving averages, a cautious stance is warranted. Therefore, the recommendation is to Hold UNI at this time, awaiting clearer signals for a potential reversal or confirmation of further downside.