UNI Price Faces Brutal Flush if It Can't Break Above $6.66

UNI, the token of Uniswap, is currently trading at $6.19, but its price action is flashing amber signs.

A -1.10% daily decline with a session range of $6.05-$6.47 indicates that the market rejected the high-water mark of $6.47 and immediate resistance at $6.42.

The momentum indicators are also screaming caution, as the MACD histogram has flatlined at absolute zero, and the RSI is deeply in overbought territory at 77.84.

Unless UNI can break above $6.66 on strong volume, which would signal a confirmed breakout, it may face a brutal flush to $5.82.