I was trading in spot all day with UTK and I believe that the bullish trend is no longer there, the last highs did not exceed the previous ones. What do I need to know?

$UTK

/USDT Technical Analysis 🎯
UTK shows bullish momentum after a 24.13% surge, signaling potential continuation. Here's what to watch:

Key Levels
🔹 Target 1: $0.1450 – Near-term resistance, a breakout here may trigger quick gains.
🔹 Target 2: $0.1600 – Strong resistance, aligning with recent 24H highs. Expect volatility.
🔹 Target 3: $0.1785 – 24H peak; if breached, UTK could test higher levels.

Support Zone
🔻 $0.1300 – Watch this for potential pullbacks, with $0.1092 as the critical low.

Market Insight
Volume surge to 1.23B UTK signals heightened trader interest. The 4H chart shows steady higher lows, indicating strong buying pressure.

📊 Will UTK maintain its bullish trend or face consolidation? Keep your trading strategies sharp!

#Binance #CryptoTrading #UTK #TechnicalAnalysis