The recent price rejection of UNI, the native token of Uniswap, at the $4.4 resistance level. This has led to an increase in short positions as sellers attempt to take advantage of the bearish market structure. Despite bullish market conditions, UNI failed to move above the resistance level and bearish order block at $4.4. The break-even volume (OBV) decreased, indicating a loss in trading volume and a stalling of the bull rally. The Relative Strength Index (RSI) also fell below the neutral 50 level, signaling weakening buying pressure and increasing selling pressure. Another factor that could affect UNI is the recent imposition of a 0.15% interface fee on Uniswap, leading traders to favor selling rather than accumulating UNI. Speculators in the futures market are bearish in the short term, with shorts holding a majority share of open contracts on UNI. The $3.8 support level is considered the best possible price level for a bullish rebound.