$UTK /USDC – REJECTION FROM EMA99, SHORT OPPORTUNITY SETTING UP
FAILURE TO BREAK ABOVE $0.0271
BEARISH CANDLE FORMING BELOW EMAs
WEAK BULLISH MOMENTUM, SELL PRESSURE RETURNING
$UTK /USDC attempted to reclaim the EMA99 but got rejected near $0.0271. The price is now slipping below the 7 and 25 EMAs, showing early signs of weakness and a possible move back toward support.
🔴 SHORT TRADE SETUP
Entry Zone: $0.0265 – $0.0267
Take Profit (TP): $0.0258
Stop Loss (SL): $0.0272
Market Outlook: Unless bulls reclaim $0.0270+ with volume, the structure favors a pullback. Bearish crossover of short EMAs is a caution signal for buyers.
#UTKUSDC #CryptoTrading #BinanceFutures #ShortSetup #EMARejection