UNI advances 10.85% as MACD signals seller control: weekly analysis

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Uniswap gains 10.85% this week

Highlights

UNI remains under extended selling pressure, trading beneath key moving averages and signaling sustained bearish momentum.
Momentum indicators reflect a broadly negative bias, with weak trend strength and seller dominance limiting upside potential.
UNI is likely to consolidate between $3.25 and $3.75 over the next week, with downside risk prevailing barring a breakout above $3.75.

Bearish momentum this week as sellers dominate near resistance

Weekly technical indicators confirm persistent bearish conditions for UNI. The weekly MACD is firmly in sell territory, while the ADX at 16.2 denotes weak trend momentum. Both the weekly RSI and CCI also highlight selling pressure, although the Stochastic RSI signals a brief overbought phase, hinting at exhaustion from the recent rebound. The Bull/Bear Power indicator underlines continued seller dominance, and UNI's current price hovers near the upper boundary of its weekly range, close to resistance, against a backdrop of 19.40% weekly volatility.

Sideways bias next week amid weak indicator signals and volatility

For the next seven days, UNI is likely to consolidate within the $3.25 to $3.75 range, as signaled by weekly volatility and lack of bullish momentum in key indicators. With none of the four main weekly indicators flashing a buy or strong buy, further upside appears unlikely — the probability of UNI breaking higher is estimated below 20%. The base scenario predicts sideways movement between support and resistance. A clear bullish breakout would require sustained closes above $3.75, while a breach below $3.25 could open up more downside, especially if selling pressure intensifies in the coming days.

Viktoras Karapetjanc, expert at Traders Union, notes that despite sustained selling pressure, Uniswap showed a notable 10.85% advance over the past week. He observes that UNI is trading near the top of its weekly range, with volatility remaining high and major indicators still signaling bearish momentum. Karapetjanc sees an opportunity for value-seeking traders to monitor this consolidation phase, as oversold conditions and a recent bounce hint at potential for change if resistance is broken. The focus should be on structural developments around the $3.25 to $3.75 range during the week. "If Uniswap can hold above support, growing macro optimism could set the stage for a breakout beyond weekly resistance," he says.

Earlier, analysts noted that Uniswap's technical outlook remained bearish amid persistent seller dominance and constrained upside momentum. With fresh weekly indicators continuing to reinforce this bias despite a minor rebound, traders should closely watch for a decisive move outside the $3.25–$3.75 range as a signal for the next directional shift.

Source of Data: UNI Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

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