$UNI Price Rally Hits Overbought Wall Amid Cooling Momentum

Uniswap's recent price rally has put it at an inflection point, where long-term trend clashes with short-term exhaustion. As of September 2, 2026, $UNI trades at $5.80, above the daily EMA20, EMA50, and EMA200 lines.

The daily RSI14 reading of 76.97 signals deeply overbought conditions, while intraday momentum is cooling rapidly on the 1-hour and 15-minute charts. The broader crypto market cap dropped 3.99% in 24 hours to roughly $2.6 trillion.

Uniswap V3 fees surged 130.96% over 30 days, according to DefiLlama data, adding fundamental weight to the Uniswap story. However, the fee data also shows a recent burst of activity followed by softness in the last week.