Uniswap’s hourly rebound faces the $7.26 daily EMA50 test

As of October 29, 2026, Uniswap (UNI) trades at $7.24 on Binance , with the Uniswap price setup remaining neutral on the daily chart despite bullish hourly momentum. Short-term strength has yet to reclaim the moving averages needed for a durable recovery. Key takeaways UNI trades at $7.24, below the daily EMA20 at $7.35 and EMA50 at $7.26 Daily RSI at 47.0 reflects improving but still-neutral momentum Hourly RSI at 57.2 and a positive MACD histogram support the short-term rebound A daily close below the pivot at $7.19 would shift the outlook bearish toward S1 at $7.03 The Fear &…