Rejection at $6.44 Sends UNI Tumbling Beneath $6.21 Support Level

UNI Rejects $6.44 Resistance, Slips Below $6.22 as Sellers Regain Control

Uniswap’s UNI token failed to sustain a breakout above the $6.44 resistance level on Thursday, reversing course and closing below the $6.22 threshold as bearish momentum picked up.

After an early move higher, UNI was unable to overcome selling pressure near $6.44 — a zone that has previously capped rallies. The failed attempt triggered a wave of lower highs and a gradual breakdown through intraday support levels. By the end of the session, UNI was trading just under $6.22, with sellers clearly dominating order flow.

Market sentiment turned defensive throughout the day as crypto benchmarks showed signs of fatigue. Altcoins in particular underperformed, with UNI among the more notable decliners.

Technical Overview:

Resistance Tested: $6.44
Failed Rally: Three consecutive lower highs signaled exhaustion
Breakdown Trigger: Loss of $6.31 accelerated decline
Closing Price: Just below $6.22
Support Levels to Watch: $6.15, followed by $6.08
Trend Bias: Short-term bearish unless $6.30 is reclaimed on strength

The inability to hold above key resistance suggests UNI may enter a consolidation phase or deeper retracement, especially if broader risk sentiment remains weak.