$UTK
/ Analysis: Uptrend Confirmed!🔥💯
The UTK/USDT pair on the 15-minute time frame has broken out within a well-defined ascending price channel, indicating strong bullish momentum. The current price is $0.09779, and the structure suggests a possible continuation of the rise.
Trade Setup:
• Entry: Immediately at market price ($0.09779)
• Target 1: $0.10150 (short-term resistance)
• Target 2: $0.10500 (upper channel extension)
• Stop Loss: $0.09400 (below channel support)
Recommendation:
Watch closely as the price consolidates within the ascending channel. Consider booking a portion of profits at $0.10150 and raising the stop loss to protect gains. This setup presents short-term opportunities and a chance to ride the momentum towards higher levels.
Stay disciplined and follow your trading plan.