Market Overview: Uniswap (UNIUSD) on 2025-08-26

• Uniswap (UNIUSD) broke below a key support at $9.98, reaching as low as $9.70.
• A bearish engulfing pattern formed at $9.98–$9.789, signaling strong short-term pressure.
• Volatility surged in the early morning UTC before stabilizing into a narrow $9.70–$9.833 range.
• Divergence between price and turnover suggests weak conviction in recent declines.
• RSI and MACD remain neutral to bearish, with no clear sign of overbought/oversold extremes.

Uniswap (UNIUSD) opened at $10.228 on 2025-08-25 at 12:00 ET, reached a high of $10.228, and a low of $9.70 before closing at $9.70 at 12:00 ET on 2025-08-26. Total volume was 93.3 and turnover was $9.70, indicating moderate trading activity across the 24-hour window.

Structure & Formations

A bearish engulfing pattern formed between the 17:15 and 17:30 UTC candles on 2025-08-25, confirming a key support breakdown at $9.98. This was followed by a sharp drop to $9.789 and then to $9.645, indicating strong short-term bearish momentum. A brief rally in the early morning UTC attempted to reclaim $9.833, but failed to hold it, reinforcing the bearish bias for now. No strong bullish reversal patterns have emerged, but the price appears to be finding a floor in the $9.70–$9.75 range.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages are both trending downward, confirming the bearish bias. On a longer time frame, the 50/100/200 daily averages are not immediately available, but based on this session's movement, UNIUSD is likely testing or breaking below key 200-day support levels.

MACD & RSI

MACD remained in negative territory for most of the 24-hour window, with a weak bearish crossover in place. RSI has not yet fallen into oversold territory, suggesting that the decline may still have room to consolidate or extend. Momentum is not extreme, so a prolonged consolidation in the $9.70–$9.80 range may precede a clearer directional move.

Bollinger Bands

Volatility widened after the bearish engulfing pattern, with the price dropping below the lower band by mid-session. However, recent candles have narrowed the bands again, indicating a potential consolidation phase. UNIUSD has remained within the band range in the latter half of the 24-hour window, suggesting a temporary pause in aggressive directional movement.

Volume & Turnover

Volume spiked during the early break below $9.98 and again when testing the $9.70 level, but has since declined, suggesting reduced conviction. Turnover remains in line with the price move, but divergences appear in the latter part of the session as the price consolidates without a strong increase in volume. This may indicate a lack of follow-through from bears.

Fibonacci Retracements

Fibonacci levels drawn from the $10.228 high to the $9.70 low show that the $9.833 level corresponds closely to the 38.2% retracement. The $9.789 level aligns with the 50% level, and the $9.70 level is near the 61.8% retracement. These levels could serve as potential pivots for near-term bounces or breakdowns.

Uniswap may test the $9.70–$9.75 range for support in the next 24 hours, with a potential bounce toward $9.833 if shorts pause. However, a continued breakdown could target $9.60–$9.65 if volume picks up again. Investors should monitor for any divergences in volume and momentum indicators to assess the strength of the trend.