Uniswap (UNI) is currently trading at $4.84, reflecting a 3.62% increase over the last 24 hours. The daily range has been tight, with a low of $4.64 and a high matching the current price, indicating potential consolidation around this level.

Volume stands at approximately $172.78 million, translating to a volume-to-market cap ratio of 5.63%. This suggests a moderately active trading environment but does not indicate overwhelming market enthusiasm, especially considering the recent price changes.

Short-term moving averages show a bullish trend, with the 8-period SMA at $4.78 and the 13-period SMA at $4.76, both exhibiting positive growth rates of 1.18% and 1.62%, respectively. However, the longer-term moving averages (21 SMA at $4.73 and 55 SMA at $4.69) reflect a slowing upward momentum, with the 55 SMA showing the most significant growth rate at 3.21%.

The 1-hour RSI at 60 indicates a mildly overbought condition, suggesting some upward pressure in the immediate term. In contrast, the 7-day RSI of 48 indicates that UNI is nearing neutral territory, and the negative 7-day price change of approximately -1.17% signals that the asset has faced recent selling pressure.

Furthermore, the 14-day and 30-day price changes of -16.05% and -21.13% respectively indicate a more pronounced bearish trend over the medium term. These trends reveal that while there is some short-term positivity, the broader sentiment remains cautious.

Given the current technical indicators, such as the positive short-term moving averages and the RSI readings, alongside the negative medium-term price trends, the outlook appears mixed. Therefore, the recommendation is to Hold UNI, as the asset could stabilize in the near term while awaiting clearer bullish signals or further downside movement.