Uniswap comes under sharp pressure, dropping over 11% in 24 hours and pulling back toward the primary support at $5.77. The setback follows a strong month, but with the RSI already at 72 and volume spiking 31% above average, the market looks stretched. Now the question is whether bulls can defend this zone or whether a deeper reset toward $4.80 is next.
Key takeaways in a nutshell
Sharp daily reversal: UNI trades at $6.01 after a 24-hour drop of 11.5%, cooling off from the weekly high at $7.48.
Trend still intact: The price sits 37% above the 50-day average ($4.39) and 66% above the 200-day average ($3.63), keeping the broader uptrend intact.
$5.77 is the line: Primary support at $5.77 is the decisive zone: below it, the next reference is $4.80.
RSI in overheated zone: With an RSI of 72, momentum is overbought, which fits the sharp pullback.
AI sees upside range: Our AI model projects a 2026 year-end range between $7.03 and $10.49, roughly 14% to 70% above spot.
What happened to the Uniswap price?
Uniswap is trading at $6.01 after a hard 24-hour drop of 11.5%. The move pulled UNI clearly away from the weekly high at $7.48 and back toward the primary support around $5.77.
Despite the setback, the broader picture stays constructive: UNI is still up 3.7% over the week and a striking 52% over 30 days. What stands out is the volume: at $620 million in 24 hours, trading activity is running 31% above the 30-day average, which underlines that this pullback is being driven by real flow, not thin liquidity.
Key price levels for Uniswap
On the upside, the primary resistance sits at $7.60: a clean reclaim would put the weekly high at $7.48 back in play and open the door toward the secondary barrier at $8.45. On the downside, $5.77 is the level that matters most, as it currently separates a healthy pullback from a deeper correction. If that support gives way, the next logical reference is the secondary support at $4.80.
Uniswap indicators: RSI, MACD and volume
The three indicators currently paint a mixed picture. The RSI at 72 is in overbought territory, which fits neatly with today's sharp pullback and warns that momentum was running hot. At the same time, the MACD remains clearly bullish at 0.80, confirming that the medium-term trend structure is still intact. Volume is running 31% above the 30-day average, showing that the market is engaged. Taken together, the setup looks like a healthy cool-off inside an intact uptrend, as long as support holds.
Relative Strength Index
MACD
AI forecast for Uniswap
Looking toward year-end 2026, our AI forecast model places Uniswap in a range between $7.03 and $10.49. The central expected value is $8.58, but this is not a price target: it is the midpoint of a broad probability distribution.
The width of this range is more telling than any single number. It reflects both the strong medium-term momentum and the elevated volatility around current levels. In the conservative case, that would imply upside of roughly 14% versus spot, while the optimistic case would translate into a gain of around 70%. The current pullback plays out well inside this projected corridor.
What could happen now?
Bullish scenario
A clean reclaim of $7.60 on strong volume would turn the current pullback into a shakeout and put the weekly high at $7.48 firmly back in play. In that case, the path toward the secondary resistance at $8.45 would open up. For the move to look healthy, the RSI would need to cool off from its overbought reading of 72 without breaking the trend, while the MACD keeps its bullish structure. As long as $5.77 is defended on the way up, the constructive setup remains intact.
Trigger: > $7.60 with elevated volume
Bearish scenario
A daily close below $5.77 would flip today's drop into a genuine trend problem and expose UNI to the secondary support at $4.80. In that case, momentum indicators would likely turn: the MACD's bullish structure would weaken and the RSI's overbought signal would resolve to the downside. A break of $4.80 would then bring the 50-day average around $4.39 into focus, which would put the entire medium-term trend under pressure. Until then, the pullback stays inside a still-intact uptrend.
Trigger: < $5.77
Conclusion: $5.77 level decides the direction
The technical setup is constructive, but the sharp 11% drop and an RSI at 72 show that the market needs to cool off. The decisive area is the zone between $5.77 on the downside and $7.60 on the upside.
A reclaim of $7.60 would reopen the path toward $8.45 and confirm that today's move was just a shakeout inside a strong uptrend. A break below $5.77, on the other hand, would put $4.80 into focus and start to question the medium-term structure. With volume running 31% above average, the market is clearly engaged. The next few trading days are likely to set the direction.
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Continue to KrakenSince 2017, Philipp Duringer has been deeply involved in Bitcoin, crypto assets and digital financial markets. As the founder of Coinbird, he combines years of crypto experience with more than 15 years of technical experience in IT and digital products. His goal is to make crypto easier to understand, more transparent and easier to compare.
About the authorAI-assisted: This price analysis is generated automatically based on structured market data and reviewed through defined quality rules. It is for informational purposes only and is not financial or investment advice or a recommendation to buy or sell crypto assets.
