📉
$UTK /USDT – Downtrend Continues, Caution Ahead 🚨
🔹 Current Price: $0.11443 (-9.71%)
🔹 24H High: $0.13895 | 24H Low: $0.10257
📊 Technical Outlook:
UTK is showing a clear downtrend on the 1H chart, with lower highs and a descending resistance line. A breakdown below $0.11 could trigger further downside pressure.
Key Levels to Watch:
Support: $0.11 🛡️
Breakdown Target: $0.10 – $0.09 📉
Resistance: $0.12 (descending trendline) 🚨
🔥 What’s Next?
If bears remain in control, $0.10 could be tested soon. Bulls need a breakout above the trendline to reverse the current trend.
⚠️ Traders' Tip: Watch for volume and a confirmed breakout or breakdown. Use stop-losses to manage risks in this volatile setup.
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