๐จ Urgent Update: UTK/USDT ๐จ
๐ Pattern Alert:
UTK has produced a descending channel on the weekly timeframe.
Key Points:
1. Descending Channel Formation:
UTK is currently trading within a descending channel.
2. Weekly Timeframe:
This formation is observed on the weekly chart, highlighting a significant long-term pattern.
๐ Potential Breakout:
If UTK breaks out of this descending channel, we could see a strong upward movement.
๐ฅ Action:
Watch for a breakout confirmation above the channel. A breakout could signal a major bullish reversal.
Stay alert and be prepared to act! ๐๐น