$UNI continues to trade inside a descending channel, with price respecting both the upper resistance and lower support boundaries. The structure remains neutral-to-bearish while trapped inside the channel, and recent price action shows a lack of momentum compared to stronger altcoins in the market.

For now, $UNI looks range-bound and relatively boring. The higher-probability setup comes on a confirmed breakout above the channel resistance, which could signal a trend reversal and open the door for a stronger recovery. Until then, patience is key, as price is still consolidating within a bearish structure.

UNIUSDT

Perp

2.797

+8.96%