Uniswap Faces a Critical Test at $3.20 After Sharp Rejection—Is UNI Heading to $3 or Loading Up for a $4 Rebound?

Uniswap price has come under renewed selling pressure after facing a sharp rejection from the $4.40–$4.50 region, pushing the token back toward a crucial support zone around $3.20. The latest decline has brought UNI to an important decision point, where buyers will need to defend this level to prevent further downside. With the price now hovering near support, the key question is whether UNI is heading toward $3 or preparing for a rebound toward $4.

UNI has come under strong selling pressure after a sharp rejection from the $4.40–$4.50 region, bringing the price back toward the key $3.10–$3.20 support zone. This area is now crucial, as a strong reaction could set up a recovery, while a decisive break below it could open the door toward $3. The liquidity heatmap shows notable liquidity building around the $3.50–$4.10 region. If UNI manages to bounce from current levels, this area could attract price and act as an important battleground between buyers and sellers.

The volume profile also highlights significant trading activity around the $3.50–$3.60 region, making it an important near-term resistance area. A reclaim of $3.55 could therefore strengthen the recovery case and put the $4.00–$4.15 resistance zone back in focus. For now, UNI remains at a critical decision point. Holding $3.10–$3.20 could keep a rebound toward $4 in play, while losing this support would strengthen the case for a move toward $3.

UNI’s recent rejection has put the token at an important crossroads. After the strong rally seen over the past few months, the sharp pullback shows that bullish momentum has weakened, but the current price action has not yet confirmed a deeper breakdown. The reaction from the $3.10–$3.20 zone will be crucial in determining the next phase. 

A strong defense of this area could give buyers an opportunity to regain momentum, while failure to hold it would shift the focus toward the $3 level.