5.2 million at resistance levels, is it a lot or a little? (Spoiler: little) š
$UTK was no exception and just like the whole market got into the red zone, but is it bad?
Sales volumes just a couple of days ago exceeded $6 million UTK by 0.09-0.10, and now it is only 5.2 million.
The old 6 million, these were the people who came out of the coin making their X with 0.06-0.07, and the current sellers are the people who went to $UTK on a green candle on January 30. Some of them lowered the price to 0.085, where the whales bit off decent volumes of $UTK. Now, $5.2 million UTK are literally people who have come above the current rate.
They are impatient and ready to fix a loss at this stage, just to Ā«saveĀ» their money. They have created a layer that may seem dangerous to the price of the coin, but you know, most of those who participated in the green race for the last 7 days have already come out with their money. And this means that these 5.2 million $UTK, which are sold by desperate Ā«speculating tradersĀ» are the last big volume before the start of bullish growth.
š We are in the last stage before takeoff. Donāt be cheaper with the sale price.
