UNI, the native token of the Uniswap protocol, is trading at $3.03 early Friday, putting a critical support level at $2.95 under direct pressure. A break below that mark would open the door for a decline toward the $2.20-to-$2.40 zone, according to current price data.
Support level under pressure
The $2.95 line has acted as a floor for the token in recent sessions. That level is now being tested as sellers push prices lower. If it gives way, the next identifiable demand zone sits in the $2.20 to $2.40 range — a drop of roughly 20% to 25% from current levels.
What a breakdown would mean
A move through $2.95 would change the short-term technical picture for UNI. The token has already lost ground in recent days, and the breakdown would likely accelerate selling. Below the $2.20-to-$2.40 band, the next target is $1.80 — a level that would represent a further 40% decline from today's price.
All eyes are on whether $2.95 holds. If buyers step in and defend that line, UNI could stage a bounce. But with momentum clearly to the downside, the risk of a break is real. The coming hours will show whether the support cracks or holds.
