- UNI trades near multi-month lows after a 75% drop, with analysts eyeing a breakout from its long-term descending trendline.
- Consolidation near $5.922 signals possible accumulation, with a bullish breakout potentially triggering an 80–90% upward rally.
- Strong support at EMA50 and PoC on the 4-hour chart suggests momentum building toward a 35–40% rally if resistance breaks.
UNI (Uniswap) is drawing heightened attention from analysts following a dramatic six-month downtrend. Clifton Fx reports that the token is now consolidating near multi-month lows, forming a descending trendline on the daily timeframe. From November 2024 to May 2025, UNI plummeted from $20 to around $5.922, marking a 75% drop. This prolonged decline carved out a bearish channel, marked by lower highs and consistent selling pressure at resistance.
Source: Clifton Fx
The token first slipped below $15 in December, triggering further weakness. January’s intensified market-wide downturn drove UNI beneath $13. February saw a mild consolidation phase between $10 and $11. However, any recovery attempts failed, each encountering resistance at the descending trendline. March amplified bearish sentiment, dragging the price to the $8–$9 range with sustained selling volumes.
UNI Finds Stability Around $5 Zone
By April, UNI tested the $6–$7 region repeatedly. The chart shows it establishing a short-term base near these levels. May’s price action hit an extreme low of $4.80, placing UNI near historical support. Still, current price levels around $5.922 suggest possible accumulation. Moreover, consolidation around the lower boundary of the descending channel may hint at a potential reversal.
Clifton Fx emphasizes that a breakout above the descending trendline could trigger an explosive 80–90% rally. However, bulls must decisively overcome overhead resistance. So far, every rally has failed at the trendline, reinforcing its strength as a key technical level. Hence, a strong bullish push could change the entire momentum.
4Hr Chart Highlights Bullish Structure
Meanwhile, CryptoBull_360 notes promising patterns on UNI’s 4-hour chart. Price has shown resilience above $5.200, reaching peaks near $7.500 earlier in May. The EMA50 and Point of Control offer firm support, helping form higher lows. Moreover, the $6.500 resistance level remains under constant pressure from bullish attempts.
Source: CryptoBull
Additionally, consolidation between $6.000 and $7.000 reflects growing interest among traders. Volume profiles highlight intense market participation around these zones. A breakout above the descending resistance line could ignite a 35–40% surge, with $9.000 as the potential upside target.
