$UTK
/USDT Technical Analysis:
Current Price: $0.06127
24h Price Movement: +18.33%
24h High: $0.06140
24h Low: $0.05020
Technical Indicators:
1. Trend: The price is showing a bullish momentum, rising by over 18% in the last 24 hours. The recent break above $0.06100 indicates strong upward pressure.
2. Support Level: The immediate support is around $0.05772, near the 24-hour low.
3. Resistance Level: The price has faced resistance near $0.06140, and the next key resistance is around $0.06199 (best ask).
4. Volume: Trading volume (46.63M UTK) supports the current bullish momentum, suggesting continued buying interest.
5. Moving Averages: Price is above the 50-period and 200-period moving averages, signaling an ongoing bullish trend.
Trade Signal: Buy Signal
Entry: Consider entering a position near $0.06000 for potential upward movement.
Momentum: Bullish, supported by rising volume and price action.
Target Levels 🎯:
1. Target 1: $0.06250 — Short-term resistance.
2. Target 2: $0.06500 — Mid-term target if bullish trend continues.
3. Target 3: $0.07000 — Longer-term upside potential if momentum persists
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