📊 Technical Analysis: $UTK
/USDT - Key Levels to Watch
The UTK/USDT pair is showing strong bullish momentum, currently trading at $0.04339, up +15.95% over the past 24 hours. Let's dive into the key technical levels and targets for the short term:
🔹 Target 1: $0.04449
The immediate resistance lies around $0.04449, where the price tested earlier in the day. If UTK continues its upward trajectory, a breakout above this level could lead to further bullish movement.
🔹 Target 2: $0.04500
A critical resistance zone is just above $0.04500, which will serve as a key test for the bulls. A successful push through this level could signal the continuation of the uptrend toward higher price ranges.
🔹 Target 3: $0.03700
On the downside, $0.03700 remains the key support level. A retracement towards this area would provide an opportunity to evaluate potential buying pressure for another upward push. A break below this level could signal a deeper pullback.
🔍 Key Takeaway: The UTK/USDT pair is showing positive momentum, but traders should closely monitor these target levels to gauge the direction of the next move. Stay tuned for further updates on price action and market sentiment.