Uniswap Wave Analysis – 24 August 2026

Uniswap: ⬇️ Sell

– Uniswap reversed from resistance level 4.545

– Likely to fall to support level 4.000

Uniswap cryptocurrency recently reversed from the resistance level 4.545 (which stopped sharp wave (A) at the end of July), intersecting with the upper daily Bollinger Band.

The downward reversal from the resistance level 4.545 is likely to form the daily Japanese candlesticks reversal pattern Bearish Engulfing.

Given the bearish divergence on the daily Stochastic indicator, Uniswap cryptocurrency can be expected to fall further to the next round support level 4.000.