The move follows a period of consolidation during which the token attempted to stabilize after earlier downside pressure. While the recent increase suggests renewed interest from market participants, the key question remains whether this momentum could translate into a more sustained recovery.

Uniswap (UNI) technical analysis

UNIUSD - 1 Day Time Frame

UNI is currently trading near $3.90, slightly above the $3.65 support level, which has held firm throughout early March 2026. The repeated defense of this zone indicates that it has become an important structural floor for the token in the near term.

From a technical perspective, the immediate level to watch lies near $4.00, which represents a notable support/resistance (S/R) zone. This level has remained unbreached during March so far and therefore acts as the next key resistance. A sustained move above this area could suggest strengthening short-term momentum and potentially open the path toward higher resistance levels.

Beyond $4.00, the next significant technical reference appears near $4.80, a resistance zone where price previously encountered supply. Historically, this level has also attracted renewed market participation, which may increase activity should price approach it again. If momentum continues to build, the next broader resistance lies near $5.50, where stronger reactions from market participants could emerge.

Uniswap (UNI) price target

If buying pressure strengthens and broader cryptocurrency market conditions remain supportive, a confirmed move above $4.00 could increase the probability of a recovery attempt toward $4.80, with a potential extension toward $5.50 if momentum persists.

Conversely, if selling pressure returns, UNI may continue to move within the current consolidation range. In that scenario, price could oscillate between the nearby resistance zone and the $3.65 support level, which has repeatedly held during recent sessions. A deeper pullback could bring the $3.35 level into focus as the next potential support area.

From a broader perspective, UNI appears to be in a stabilization phase following earlier volatility. The market has yet to demonstrate a decisive directional shift, and confirmation of a stronger recovery would likely require sustained acceptance above the nearby resistance levels.