📊 $UTK /USDT Technical Analysis & Short-Term Trade Insights

UTK
Created with Highcharts 9.1.1
0.08849
-8.14%

🚀 Current Price: $0.10759 (+3.68%)

📈 24h High/Low: $0.13991 / $0.10237

💰 24h Volume: 550.61M UTK (~$67.40M USDT)

🔍 Market Overview:

UTK/USDT has gained 3.68% in the last 24 hours, with price consolidating near $0.11 after testing highs of $0.14. The pair remains in a volatile range with key resistance and support levels in play.

Resistance Levels: $0.1150 and $0.1399.

Support Levels: $0.1020 and $0.0950.

Technical Indicators:

MACD: Indicates mild bullish momentum, though strength is moderate.

RSI: Neutral, leaving room for further upward movement.

Bollinger Bands: Price near the lower band suggests potential rebound to midline or higher.

🎯 Short Trade Targets:

1️⃣ Target 1: $0.1150

2️⃣ Target 2: $0.1250

3️⃣ Target 3: $0.1400

⚠️ Stop-Loss: $0.1000

💡 Strategy: Observe for bullish continuation above $0.1150 for a move toward $0.1400. A failure to hold $0.1020 support could trigger a deeper pullback to $0.0950.

📢 Disclaimer: This post is for informational purposes only and not financial advice. Always perform your own research before trading.

#UTK #CryptoTrading #Payments #TechnicalAnalysis #CryptoSignals