Uniswap – Should traders be concerned? Key levels for UNI’s price!

Uniswap is currently struggling against a resistance level at 5.5 USD. A breakout above this level is essential for a bullish outlook.

The overall sentiment among traders is bearish until Uniswap convincingly surpasses the 5.5 USD barrier.

Should UNI fail to break through this resistance, further declines down to 3.7 USD may occur, indicating ongoing downtrends.