$UTK /USDC BULLISH SETUP
UTK is showing strong momentum after rebounding from the 0.0195 support zone, confirming higher lows and forming a bullish continuation pattern on the 4H chart. The breakout above resistance near 0.0212 suggests growing buying pressure and a potential upside move if volume sustains.
Entry (Long): Above 0.0215–0.0218 after confirmation of bullish candle close
Targets (TP): 0.0237 / 0.0259 / 0.0284
Stop Loss (SL): 0.0194 below the recent swing low
Technical Outlook: RSI trending upward with increasing volume indicates strengthening momentum. A sustained hold above the EMA support could trigger a fresh wave toward the next resistance zone.
Risk Management: Risk only 2–3% per trade and adjust position size to maintain favorable risk/reward ratio (minimum 1:2).
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