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.

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