$UTK
/USDT: Strong Dip Move Confirm 💯 💫 Watching For Recovery Update 🚀📈💥
Key Data:
Current Price: 0.08449
24h High: 0.10448
24h Low: 0.08339
24h Volume (UTK): 154.07M
24h Volume (USDT): 14.76M
Price Change (24h): -12.37%
Recent 15m Move: -0.00337 (-3.84%)
Trade Plan:
Entry Zone:
Buy near: 0.08350–0.08400, around the 24h low, if support holds.
Targets:
🎯 T1: 0.08800 – Short-term recovery towards initial resistance.
🎯 T2: 0.09200 – Mid-range resistance level.
🎯 T3: 0.09800 – Test near the 24h high, potential breakout.
Stop-Loss:
Set at: 0.08200, below recent low for tighter risk control.
Trend Analysis:
Downtrend: Price is down 12.37%, but stabilizing near 0.08339, indicating possible support for a bounce.
RSI: Approaching oversold, suggesting a potential reversal if buying pressure increases.
Volume: Lower trading volume with a slight decline in price, indicating consolidation or further selling pressure.
Strategy:
Focus on entering near support levels with a tight stop-loss for risk management.
Monitor for confirmation of a bounce through volume spikes or bullish candlesticks before scaling into higher targets.
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