Uniswap (UNI) Tests Critical Support at $9.90 Amid Market Weakness

Quick Take

• UNI currently trading at $9.90 (-2.07% in 24h)
• Uniswap’s RSI at 45.87 signals neutral territory but momentum indicators turn bearish
• Recent 9.4% selloff on August 15 continues to pressure UNI price action

What’s Driving Uniswap Price Today?

The UNI price faces continued pressure following the significant 9.4% decline on August 15, 2025, when broader DeFi markets turned bearish amid a market-wide selloff. This recent weakness has overshadowed the earlier bullish momentum seen on August 11, when UNI climbed to $11.08 supported by whale activity, including Amber Group’s notable transaction of 358,000 UNI tokens on Binance.

Despite the earlier positive whale activity that drove UNI price higher, the current market sentiment has shifted decidedly bearish. The token is now trading well below its recent peak, indicating that the selling pressure from the August 15 selloff continues to weigh on Uniswap’s price action. The 24-hour trading volume of $55,376,420 on Binance spot markets suggests moderate interest, though not enough to reverse the current downtrend.

UNI Technical Analysis: Bearish Signals Emerge

The Uniswap technical analysis reveals a mixed but increasingly bearish picture. UNI’s RSI at 45.87 sits in neutral territory, suggesting neither oversold nor overbought conditions, but the momentum indicators tell a different story. The MACD histogram shows a concerning -0.1762 reading, indicating bearish momentum is building for Uniswap.

The moving averages paint a challenging picture for UNI price action. Trading at $9.90, Uniswap sits below both the 7-day SMA at $10.45 and the 20-day SMA at $10.74, though it remains above the critical 50-day SMA at $10.15. This positioning suggests short-term weakness while maintaining medium-term bullish structure.

The Bollinger Bands analysis shows UNI trading near the lower band at $9.46, with a %B position of 0.1710 indicating proximity to oversold conditions. The Stochastic indicators at %K 15.92 and %D 13.41 suggest UNI is approaching oversold territory, which could signal a potential bounce if Uniswap support levels hold.

Uniswap Price Levels: Key Support and Resistance

Based on Binance spot market data, critical Uniswap support levels emerge at $9.57 for immediate support and $8.00 for strong support. The current UNI price at $9.90 sits precariously close to the immediate support level, making this a crucial zone for bulls to defend.

On the upside, UNI resistance appears formidable at $12.30, representing both immediate and strong resistance levels. A break above this level would signal a significant shift in momentum for Uniswap. The pivot point at $9.93 aligns closely with current price action, suggesting UNI is at a critical decision point.

The Bollinger Bands upper limit at $12.01 provides additional confirmation of the key resistance zone around $12.30. For UNI price to regain bullish momentum, it would need to reclaim the middle band at $10.74, which coincides with the 20-day moving average.

Should You Buy UNI Now? Risk-Reward Analysis

For aggressive traders, the current UNI price near $9.90 presents a potential opportunity if Uniswap support levels at $9.57 hold. The risk-reward ratio appears favorable with stop-loss levels clearly defined at $9.57 and targets at the $12.30 resistance zone.

Conservative investors should wait for UNI price to reclaim the 20-day SMA at $10.74 before considering entry, as this would signal renewed bullish momentum for Uniswap. The bearish MACD histogram suggests patience may be rewarded with better entry points.

Swing traders might consider dollar-cost averaging if UNI price breaks below $9.57, targeting the strong support at $8.00. However, the overall bearish momentum in DeFi markets suggests caution is warranted until technical indicators show clear reversal signals.

Conclusion

UNI price action remains under pressure as bears test critical support levels around $9.57. While Uniswap technical analysis shows some oversold conditions that could trigger a bounce, the bearish momentum indicators and recent market weakness suggest continued caution. Traders should monitor the key $9.57 support level closely, as a break below could accelerate selling toward the $8.00 strong support zone. The next 24-48 hours will be crucial in determining whether UNI can stabilize or if further downside pressure emerges.

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