Uniswap Faces Critical Decision at $3.20 Support Zone
Uniswap's price has been under renewed selling pressure after facing a sharp rejection from the $4.40-$4.50 region, sending the token back toward its crucial support zone around $3.20.
The recent decline has brought UNI to an important decision point, where buyers must defend this level to prevent further downside.
Liquidity building around the $3.50-$4.10 region could attract price and act as a battleground between buyers and sellers if UNI manages to bounce from current levels.
A reclaim of $3.55 could strengthen the recovery case and put the $4.00-$4.15 resistance zone back in focus, but losing this support would shift the focus toward the $3 level.