$UFT Rebounds: Will Bulls Maintain Momentum?
$UFT is currently trading at $0.3218, bouncing back from its intraday low of $0.3151. The price shows signs of recovery, with immediate resistance at $0.3250. A breakout above this level could push the price toward $0.3300 and $0.3350, offering short-term opportunities for bullish traders.
On the downside, support is firmly placed at $0.3180. If the price slips below this level, a retest of $0.3150 is possible, signaling caution for further downside risks. With the RSI at 43, momentum remains neutral but leans toward recovery. Traders should keep an eye on the $0.3250 level to confirm bullish strength or prepare for potential pullbacks at key supports.