Uniswap crypto analysis: 3 daily levels to watch this week for UNIUSDT

In summary, Uniswap's daily outlook shows a bearish structure with price at 5.21 USDT, which remains below all major EMAs. Indicators like RSI (32.16) and MACD suggest fading upside pressure, while Bollinger Bands and ATR highlight meaningful volatility. The crypto market operates under a cautious tone with Extreme Fear sentiment and BTC dominance at 58.54%, suppressing altcoin performance.

On the daily (D1) timeframe, Uniswap's price close at 5.21 USDT sits below major EMAs: 20-day EMA (6.04 USDT), 50-day EMA (6.96 USDT), and 200-day EMA (8.23 USDT), establishing a bearish trend.

• RSI (14): At 32.16, nearing the oversold zone, giving sellers an advantage.
• MACD: Bearish momentum with histogram at -0.05, indicating weak downward persistence.
• Bollinger Bands: Price nears the lower band at 5.17 USDT, suggesting selling pressure with potential mean reversion.
• ATR (14): At 0.41 USDT, advising prudent stop placement near 0.2161 USDT.
• Pivot Points: Key levels at PP 5.11 USDT, S1 4.97 USDT, and R1 5.35 USDT provide directional trade references.

H1 (intraday): Price trades near intraday EMAs (EMA20 at 5.15 USDT, EMA50 at 5.22 USDT), conveying a neutral bias.

• RSI: 54.50, showing mild bullish momentum.
• MACD: Small positive momentum could lead to a pullback towards 5.35 USDT (R1).
• Bollinger Bands: Bands show compression (upper 5.29 / lower 4.91 USDT) setting the stage for potential breakout moves.

M15 (microstructure) neutral trends dominate as price fluctuates within the 5.19–5.23 USDT range.

• RSI: Slight bullish tilt at 55.42 suggests minor intraday bounces.
• MACD: Flat histogram, no significant directional edge in the short term.

Key Levels:

• 8.23 USDT: Long-term resistance (200-day EMA).
• 6.96 USDT: Medium-term resistance (50-day EMA).
• 6.04 USDT: Short-term resistance (20-day EMA).
• 5.21 USDT: Current price within the lower daily structure.
• 5.17 USDT: Immediate support (Bollinger low).
• 5.11 USDT: Intraday pivot point (PP).
• 4.97 USDT: Next support/invalidation zone.

Trading Scenarios:

• Bullish: Price must sustain above 6.04 USDT to test 6.96 and 8.23 USDT (EMA50 to EMA200 levels).
• Bearish: A break below 5.17–4.97 USDT confirms a bearish continuation.
• Neutral: Range-bound action between 5.17–6.04 USDT, favoring cautious intraday trades.

The total crypto market cap: 3.46 trillion USD, down 2.70% in 24 hours, reflects broad risk-off sentiment. BTC dominance at 58.54% reduces the likelihood of significant altcoin rallies, including UNIUSDT.

• Fear & Greed Index: Extreme Fear at 23 highlights cautious market sentiment and low liquidity conditions.

Takeaway: High BTC dominance, combined with sentiment, weighs heavily on altcoins like UNIUSDT, amplifying downside risks on the daily chart.

Uniswap V3 demonstrates strong activity with fee changes showing increases over different periods:

• 1-day: +62.97%
• 7-day: +132.71%
• 30-day: +169.21%

Other DEXs exhibit mixed results: strong fee growth on FluidDEX and Curve, while Uniswap V2 shows declines.

Interpretation: While intensified fee activities on V3 pools hint at more concentrated trading, it does not signify a bullish structural shift for UNI/USDT on the daily chart.

This analysis is for informational purposes only and does not constitute financial advice.

#NFA (Not Financial Advice) / #DYOR (Do Your Own Research).