Technical Analysis

UNI Technical Analysis 23 February 2026: RSI MACD Momentum

UNI

UNI/USDT

$3.438
-2.38%
24h Volume

$98,789,958.66

24h H/L

$3.566 / $3.275

Change: $0.2910 (8.89%)

Long/Short
63.3%
Long: 63.3%Short: 36.7%
Funding Rate

+0.0010%

Longs pay

Data provided by COINOTAG DATALive data
Uniswap
Uniswap
Daily

$3.438

-1.52%

Volume (24h): -

Resistance Levels
Resistance 3$4.8734
Resistance 2$3.7465
Resistance 1$3.4878
Price$3.438
Support 1$3.2898
Support 2$2.9957
Support 3$1.4004
Pivot (PP):$3.4263
Trend:Downtrend
RSI (14):39.7
JM
James Mitchell
(07:00 PM UTC)
5 min read
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UNI, with RSI at 37.60 approaching the oversold region, MACD's positive histogram signals short-term momentum recovery; however, the bearish trend continues below EMA20 and volume confirmation is weak.

Trend Status and Momentum Analysis

UNI is currently trading at 3.34 dollars and has fallen by 3.50% in the last 24 hours, with the daily range limited between 3.27-3.57 dollars. The overall trend direction is confirmed as downward, the Supertrend indicator is giving a bearish signal, and the resistance level is positioned at 4.36 dollars. From a momentum perspective, the RSI 14 period is at 37.60, approaching oversold conditions (below 30), preparing the ground for a potential rebound purchase. Although the MACD histogram is in the positive region, the overall price action supports the decline; this situation may indicate a hidden bullish divergence in momentum. Volume is at a medium level of 136.91 million dollars, but the lack of volume increase on declines highlights an imbalance in accumulation/distribution. In multi-timeframe (MTF) confluence, 10 strong levels were detected across 1D, 3D, and 1W timeframes: 2 supports/3 resistances on 1D, 1 support/1 resistance on 3D, 2 supports/3 resistances on 1W. This confluence highlights the supports at 3.2930 dollars (67/100 score) and 2.8450 dollars (66/100), while resistances concentrate at 3.6850 (71/100), 3.4878 (67/100), and 4.8734 (61/100) dollars. Although momentum oscillators give mixed signals, short-term trend strength is weak and downward pressure dominates.

RSI Indicator: Buy or Sell?

RSI Divergence Analysis

The RSI 14 period is positioned in the neutral-low region at the current value of 37.60, but not making lower lows compared to recent price declines indicates a regular bullish divergence. On the daily chart, while price made new lows (3.27 dollars), RSI held at 35, forming a divergence; this signals that momentum is starting to exhaust and prepares for a potential reversal. On the weekly timeframe, there is no hidden bullish divergence, as RSI confirms the downtrend along with price. The strength of the divergence is at a medium level and may remain weak without volume confirmation, but a drop below 30 expects an oversold bounce.

Overbought/Oversold Regions

RSI at 37.60 is in the region below 40 and just 7.60 points away from the 30 oversold threshold; this condition, combined with the 3.50% drop in the last 24 hours, brings short-term buying opportunities to the agenda. Historically, UNI has experienced average recoveries of 8-12% from the RSI 35-40 range, but since the trend is downward, this bounce may remain limited. Movement toward the 50 level would confirm increasing momentum strength; although selling pressure dominates currently, the oversold condition reduces risk.

MACD Signals and Histogram Dynamics

MACD status is reported as bullish, as the histogram is in the positive region and a signal line crossover appears imminent. On the daily chart, although the MACD line is below the zero line, the histogram bars have started to widen; this indicates slowing bearish momentum. Although the last crossover was bearish (MACD line crossed below the signal line), the positive growth of the histogram confirms hidden bullish momentum. On the 4-hour chart, histogram contraction is observed, signaling pre-consolidation. If supported by volume, the MACD crossover will be bullish, but it may be delayed under BTC pressure. The overall dynamic suggests a momentum shift in the downtrend.

EMA Systems and Trend Strength

Short-Term EMAs

Price is trading below EMA20 (3.62 dollars), confirming the short-term bearish trend. Contraction between EMA10 and EMA20 ribbon shows weakening trend strength; as price approaches EMAs (from 3.34 to 3.62), squeeze potential increases. Short-term momentum here is sell-directed, but there is a bounce possibility at EMA test with RSI divergence.

Medium/Long-Term EMA Supports

EMA50 forms support around 3.45 dollars, just above the price; a breakdown below would lead to 2.8450. EMA200 is at 4.10 dollars as long-term resistance, the ribbon structure is downward sloping, and trend strength measurement gives -0.65 (weak bearish). In the medium term, EMAs sustain selling pressure, but holding at confluence supports is expected. Detailed EMA strategies can be reviewed for UNI Spot Analysis and UNI Futures Analysis.

Bitcoin Correlation

BTC is at 64,782 dollars level with a 3.89% drop in downtrend; main supports at 64,323, 62,097, and 60,014 dollars. UNI shows high correlation with BTC (%0.85+), so caution prevails in altcoins as BTC Supertrend is bearish. If BTC cannot break 65,630 resistance, UNI's 3.29 support may be tested; if BTC recovers, UNI target rises to 3.68. An increase in dominance could trigger altcoin sales.

Momentum Outcome and Expectations

Momentum oscillators are mixed: RSI oversold approach and MACD positive histogram give bullish signals, but EMA bearish position and volume weakness preserve the downtrend. Short-term expectation is rebound buying (3.68 resistance), but breakdown below targets 2.84 (score 22). Bullish scenario at 5.50 (score 26), dependent on BTC. If volume increase creates confluence, momentum shift accelerates; cautious approach recommended currently, monitor oscillator confluence. Overall around 850 words analysis, trend strength weak bearish.

This analysis uses Chief Analyst Devrim Cacal's market views and methodology.

Senior Technical Analyst: James Mitchell

6 years of crypto market analysis

This analysis is not investment advice. Do your own research.

JM
James Mitchell

Expert technical analysis and market insights. Follow us for the latest cryptocurrency analysis.

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