Uniswap's native token UNI is flashing fresh bearish signals, with technical indicators pointing to a likely retest of the $2.80 to $3.00 support zone within the next two weeks. A widely followed chart analysis assigns a 70% probability to that move, citing a bearish MACD crossover and the token trading below all major moving averages.
Bearish signals mount
UNI has been under pressure across multiple timeframes. The token currently sits below its 50-day, 100-day, and 200-day moving averages — a configuration traders often read as a strong downtrend. Adding to the bearish case, the Moving Average Convergence Divergence (MACD) indicator triggered a bearish crossover, confirming that downside momentum is building. The crossover, a lagging but reliable signal, typically suggests that recent price declines have staying power.
Price target and timeline
Analysts monitoring the charts expect UNI to drop into the $2.80–$3.00 range within 7 to 14 days. That zone has acted as both support and resistance in the past, making it a pivotal level for the token's near-term direction. The 70% probability estimate is not a guarantee — technical analysis never is — but it reflects a strong consensus among the patterns being tracked. If UNI fails to hold that band, the next major support lies significantly lower, though the analysis does not specify a price target beyond the initial retest.
What the indicators show
The MACD crossover is particularly notable because it comes after a period of consolidation. When a token trades sideways for a stretch and then generates a bearish cross, it often signals that sellers are regaining control. Combined with the moving average alignment, the picture suggests limited upside in the short term. No fundamental catalyst for a reversal has emerged, and the token's price action remains subdued relative to broader crypto market moves.
Traders will be watching whether UNI can bounce from the $2.80 area or if selling pressure pushes it through. The 70% probability of a retest means there's still a 30% chance the token avoids that drop — but the burden of proof right now rests with the bulls.
