Uniswap (UNI) is experiencing downward pressure, trading at $5.92, below its 20, 50, and 200-day exponential moving averages (EMAs), signaling a bearish trend. The relative strength index (RSI) stands at 33.19, and the moving average convergence divergence (MACD) is negative at -0.08, both indicating potential for continued decline. The cryptocurrency is nearing the lower Bollinger Band at $5.61, suggesting possible volatility ahead. Key support levels are identified at $5.70 and $5.61, with a breakdown below the pivot point of $6.06 likely to confirm further declines.