$UTK /USDT: Momentum Alert!🔥💯
UTK/USDT has confirmed a strong breakout, currently trading at $0.10222 (+5.83%) on the hourly chart. With a 90-day performance of +151.77%, the token is showing significant bullish momentum, suggesting further gains are possible.
Suggested Trading Strategy:
• Entry Price: Current price around $0.10222.
• Target 1: $0.108 (short-term resistance).
• Target 2: $0.115 (extension target if momentum continues).
• Stop Loss: $0.097 (below recent risk management support).
Analysis:
The sustained growth over the last few days (+18.2% in 7 days) indicates strong buyer interest. With a steady uptrend and a recent breakout, $UTK looks well positioned for continued upside. Risk Management: Adjust stop loss and targets as the trade progresses to lock in gains. Remember, discipline is the key to profitable trading.