$UTK

/USDT: Strong Dip Move Confirm šŸ’Æ šŸ’« Watching For Recovery Update šŸš€šŸ“ˆšŸ’„

Key Data:

Current Price: 0.08449

24h High: 0.10448

24h Low: 0.08339

24h Volume (UTK): 154.07M

24h Volume (USDT): 14.76M

Price Change (24h): -12.37%

Recent 15m Move: -0.00337 (-3.84%)

Trade Plan:

Entry Zone:

Buy near: 0.08350ā€“0.08400, around the 24h low, if support holds.

Targets:

šŸŽÆ T1: 0.08800 ā€“ Short-term recovery towards initial resistance.

šŸŽÆ T2: 0.09200 ā€“ Mid-range resistance level.

šŸŽÆ T3: 0.09800 ā€“ Test near the 24h high, potential breakout.

Stop-Loss:

Set at: 0.08200, below recent low for tighter risk control.

Trend Analysis:

Downtrend: Price is down 12.37%, but stabilizing near 0.08339, indicating possible support for a bounce.

RSI: Approaching oversold, suggesting a potential reversal if buying pressure increases.

Volume: Lower trading volume with a slight decline in price, indicating consolidation or further selling pressure.

Strategy:

Focus on entering near support levels with a tight stop-loss for risk management.

Monitor for confirmation of a bounce through volume spikes or bullish candlesticks before scaling into higher targets.

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