🚨 $UTK Stabilizes at $0.1145 – Potential Rebound or More Downside?
$UTK is currently trading at $0.11456 on the 15-minute chart, holding steady after recovering from its recent low of $0.1103. The price remains under pressure after failing to retest the day’s high of $0.1399. RSI sits at 36.19, nearing oversold conditions, suggesting limited selling strength. The MACD also shows bearish momentum, but with a gradual flattening, indicating a possible shift toward neutral ground.
For UTK, holding above the immediate support level of $0.1103 is key for any reversal attempt. A push toward resistance near $0.1175 could signal renewed buying interest, while further downside below support risks a continuation of bearish sentiment. Traders should keep a close eye on volume as UTK approaches these critical levels.