$UTK holding strong, but for how long? ⚡️

The $UTK (xMoney) chart is showing signs of potential consolidation as the price hovers around $0.0436. We’re seeing a classic range-bound scenario with the 99-day moving average still looming overhead at $0.0424. It's like UTK is stuck in a tug-of-war between buyers and sellers, neither fully gaining control just yet.

The MACD is showing a slightly negative signal, and while volume (469K) is present, it's not enough to suggest a strong breakout in either direction. Momentum has weakened since mid-September, and unless buyers step in with increased volume, $UTK may continue drifting sideways or even face a small dip.

However, there’s a glimmer of hope! If we see a move above the $0.045 resistance zone, UTK could finally see some upward momentum. But until then, the best strategy might be patience — waiting for either a breakout or a confirmed rejection.

For now, it’s more cautious than confident, but don't count out the potential for a bullish shift soon!