$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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