$UTK /USDT: Momentum Alert!🔥💯
UTK/USDT has confirmed a strong breakout, currently trading at $0.10222 (+5.83%) on the 1-hour chart. With a 90-day performance boasting +151.77%, the token demonstrates significant upward momentum, suggesting potential for further gains.
Suggested Trading Strategy:
• Entry Price: Current price around $0.10222.
• Target 1: $0.108 (short-term resistance).
• Target 2: $0.115 (extension target if momentum sustains).
• Stop Loss: $0.097 (below recent support to manage risk).
Analysis:
The consistent growth over recent days (+18.2% in 7 days) indicates strong buyer interest. With a steady climb and recent breakout, UTK appears poised for continued bullish action.
Risk Management: Adjust stop-loss and targets as the trade progresses to lock in gains. Remember, discipline is key to profitable trading.
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