UNI Technical Analysis
Uniswap has returned to the spotlight in the first months of 2026 with its protocol revenue model. On the governance side, a proposal is being discussed to allocate a portion of trading fees directly to the protocol treasury. This step could mean that UNI becomes not only a governance token but also an asset linked to revenue. During the same period, cross-chain expansion and innovations in developer tools are supporting usage. For this reason, when looking at the chart now, it is critical to see how price is reflecting this potential revenue model.
On the technical side, a clear rising wedge structure has formed on the 4-hour chart. The lower trendline is upward sloping, while the upper band is rising at a more limited pace. Such structures generally produce weakening signals and carry downside breakout risk.
For now, the 3.52 level is the critical threshold.As long as price remains below 3.52, the short-term negative structure is preserved. In this scenario, the first support stands at 3.38, followed by the 3.24 – 3.20 band. If the wedge’s lower band is lost, the 3.06 region may be retested.
In the upside scenario:Sustained price action above 3.52 → first the 3.57 – 3.58 resistance, followed by the wedge’s upper band and the 3.74 – 3.84 region become targets. However, without a clear break above 3.52, upward moves remain reactionary.
- Summary:Below 3.52 → negative structure continuesAbove 3.52 → recovery toward the 3.74 bandDue to the wedge structure, downside breakout risk remains on the table
These analyses do not provide investment advice and focus on support and resistance levels that are considered to offer short- and medium-term trading opportunities depending on market conditions. However, responsibility for execution and risk management lies entirely with the user. In addition, the use of stop loss is strongly recommended.
