UTK token has been turning heads in the market, jumping over 13% in the past 24 hours to reach $0.04335.
On the charts, UTK is facing some resistance at $0.04685, with support holding around $0.04100. Parabolic SAR suggests we could see a short-term pause or pullback, while MACD hints that the bullish momentum might be slowing down.
On the flip side, Stoch RSI shows there’s still some room for the price to climb before hitting overbought territory. The trading volume is nothing short of impressive (over $543 million in the past day) showing strong interest from the market.
With nearly a 30% gain this week, UTK seems to be bouncing back, even though it’s still down about 34% over the year. This makes it an intriguing moment for investors: will it break past resistance and soar higher, or will it pull back, creating opportunities for a better entry? UTK is at a crossroads.
As a project focused on revolutionizing crypto payments, Utrust promises quick, secure, and low-fee transactions, aiming to make a mark in the digital commerce world. It’s definitely worth keeping an eye on.