🔷 UTK/USDT FUTURES ANALYSIS (15-Min Timeframe)
🟩 CLEAR POSITION: LONG (Confidence: 75%)
Based on the chart analysis, UTK/USDT shows signs of a potential bullish breakout with several key technical signals suggesting upward momentum.
Key Details
• ♻️ Recommended Leverage: 5x to 10x (moderate risk)
• 👉 Entry Zone: $0.1005 to $0.1020
🎯 Targets
1. T1: $0.1050 (4.7% gain)
2. T2: $0.1080 (8.1% gain)
3. T3: $0.1120 (13.2% gain)
4. T4: $0.1180 (18.7% gain)
⛔ Stop Loss
• $0.0985
IF STOP LOSS TRIGGERS
• New Entry: $0.0960
• New Targets:
• T1: $0.1000
• T2: $0.1030
• T3: $0.1080
• T4: $0.1120
• New Stop Loss: $0.0930
Key Technical Indicators
1. RSI: Currently around neutral (48–50), showing potential for upward momentum as it moves toward overbought levels.
2. Bollinger Bands: Price is pushing against the upper band, indicating a possible breakout above $0.1030.
3. Volume: Increasing buy volume supports bullish momentum.
4. 200 EMA: Price has reclaimed the 200 EMA on the 15-min timeframe, signaling a bullish reversal in the short term.
Market Analysis
• UTK/USDT is consolidating in a narrow range, forming a bullish ascending triangle. The breakout zone is around $0.1030, with the next resistance levels at $0.1080 and $0.1120.
• MACD on the lower timeframe is showing bullish crossover signals, confirming potential upside momentum.