Uniswap price analysis: UNI price rapidly declines below $6.89 as bears exert control

Uniswap price analysis shows a downtrend today as UNI/USDĀ  price consolidates $6.89.The market is expected to see lower prices as the bearish pressure continues. Price has currently set a new support level at $6.73 while it faces resistance at the $7.10 mark, which is just above the current market price.