$UTK /USDT BEARISH BREAKDOWN !
short trade signal 💥
Future traders alert ⚠️
Key Levels:
- Current Price: $0.08541
- Resistance Levels: $0.09000, $0.10000
- Support Levels: $0.08290, $0.08000
Trade Setup:
- Entry: Short at $0.08500
- Targets (TP):
- TP1: $0.08290
- TP2: $0.08000
- Stop Loss (SL): $0.08700
Risk Management:
- Risk/Reward Ratio: 1:2
- Position Size: 1-2% of trading capital
Summary:
We are looking for a short trade on $UTK/USDT due to the recent bearish breakdown below the support level at $0.08500. The price has shown a significant drop, indicating strong selling pressure. This setup aims to capitalize on the downward momentum with well-defined targets and a tight stop loss to manage risk effectively. 📉🚀
Happy Trading! 📈💹