šŸ“Š $UTK /USDT Technical Analysis & Short-Term Trade Insights

šŸš€ Current Price: $0.10759 (+3.68%)

šŸ“ˆ 24h High/Low: $0.13991 / $0.10237

šŸ’° 24h Volume: 550.61M UTK (~$67.40M USDT)

šŸ” 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.

šŸŽÆ Short Trade Targets:

1ļøāƒ£ Target 1: $0.1150

2ļøāƒ£ Target 2: $0.1250

3ļøāƒ£ Target 3: $0.1400

āš ļø Stop-Loss: $0.1000

šŸ’” 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.

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

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