Uniswap slides 3% as price stalls below $3.21 resistance: weekly analysis

Traders Union
All News
Crypto
Uniswap falls 3.02% this week

Highlights

UNI trades firmly below key technical resistance levels, confirming persistent selling pressure and lack of bullish momentum.
All major momentum and trend indicators signal a continued bearish bias with little evidence of imminent reversal.
Expected 7-day trading range is $2.71–$3.21, with downside risk dominating and a bullish breakout seen as unlikely.

Bearish bias persists as sell signals dominate weekly indicators

Weekly technical signals confirm persistent bearish momentum for UNI. The MACD on the weekly chart issues a strong sell signal, while the ADX remains neutral, indicating weak directional conviction. Major oscillators such as the RSI (Sell), Commodity Channel Index (Sell), and Stochastic RSI (Neutral) highlight ongoing weakness and limited buyer engagement, while Bull/Bear Power and the Awesome Oscillator both reinforce a sell bias. UNI trades in the middle of its weekly range, facing continued resistance from the MA-20 at $3.3073.

Sideways outlook prevails as technicals limit recovery prospects

Looking ahead, the anticipated trading range for UNI in the next 7 days is $2.71 to $3.21, with weekly volatility at 14.31%. The probability of price recovery is very low, as none of the four major weekly indicators signal a buy. The base scenario is continued sideways movement within the defined corridor. A close above $3.21 could spark a short-term bullish shift, while a move below $2.71 would likely accelerate downside momentum.

Viktoras Karapetjanc, Traders Union expert, believes the bearish structure for UNI remains dominant after another week of consolidation well below all key moving averages. He sees persistent selling pressure, but notes that volatility near support and resistance creates tactical setups for active traders. With all major weekly indicators still negative, Karapetjanc anticipates sideways movement between $2.71 and $3.21. However, he stays optimistic about a reversal if resistance is reclaimed. "If UNI manages to close above $3.21 in the coming week, I see this as an early signal for buyers to step back in and reshape momentum."

Previously it was reported that Uniswap and Spark launched FX Layer, a unified liquidity network aimed at streamlining stablecoin swaps and preparing the ecosystem for significant expansion. While this development positions Uniswap for potential growth as stablecoin infrastructure evolves, technical indicators currently suggest continued sideways movement for UNI, with $2.71 and $3.21 serving as key levels to monitor for potential breakout or breakdown in the coming week.

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

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.