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$UTK /USDC – SHARP REJECTION AFTER SPIKE, BEARISH MOMENTUM RESUMES
RETEST FAILED ABOVE MA LEVELS, PRICE BREAKS BELOW SUPPORT
STRONG WICK SHOWS LIQUIDITY HUNT BEFORE DUMP
$UTK surged briefly to $0.02826 but was immediately slammed down, leaving a clear wick trap. Price has since broken below all key moving averages (MA 7, 25, 99) and is forming fresh hourly lows. Market structure remains bearish with volume fading after the spike.
🔴 Short Trade Setup
Entry Zone: $0.0256 – $0.0258
Take Profit (TP): $0.0248
Stop Loss (SL): $0.0265
Market Outlook:
If $0.0255 breaks cleanly, continuation toward $0.0245 is likely. Bulls must flip $0.0265 to reclaim momentum.
#UTKUSDC #ShortTrade #BearishTrend #ScamWick #CryptoAnalysis
RETEST FAILED ABOVE MA LEVELS, PRICE BREAKS BELOW SUPPORT
STRONG WICK SHOWS LIQUIDITY HUNT BEFORE DUMP
$UTK surged briefly to $0.02826 but was immediately slammed down, leaving a clear wick trap. Price has since broken below all key moving averages (MA 7, 25, 99) and is forming fresh hourly lows. Market structure remains bearish with volume fading after the spike.
🔴 Short Trade Setup
Entry Zone: $0.0256 – $0.0258
Take Profit (TP): $0.0248
Stop Loss (SL): $0.0265
Market Outlook:
If $0.0255 breaks cleanly, continuation toward $0.0245 is likely. Bulls must flip $0.0265 to reclaim momentum.
#UTKUSDC #ShortTrade #BearishTrend #ScamWick #CryptoAnalysis
$UTK /USDC – SHARP REJECTION AFTER SPIKE, BEARISH MOMENTUM RESUMES
RETEST FAILED ABOVE MA LEVELS, PRICE BREAKS BELOW SUPPORT
STRONG WICK SHOWS LIQUIDITY HUNT BEFORE DUMP
$UTK surged briefly to $0.02826 but was immediately slammed down, leaving a clear wick trap. Price has since broken below all key moving averages (MA 7, 25, 99) and is forming fresh hourly lows. Market structure remains bearish with volume fading after the spike.
🔴 Short Trade Setup
Entry Zone: $0.0256 – $0.0258
Take Profit (TP): $0.0248
Stop Loss (SL): $0.0265
Market Outlook:
If $0.0255 breaks cleanly, continuation toward $0.0245 is likely. Bulls must flip $0.0265 to reclaim momentum.
#UTKUSDC #ShortTrade #BearishTrend #ScamWick #CryptoAnalysis
RETEST FAILED ABOVE MA LEVELS, PRICE BREAKS BELOW SUPPORT
STRONG WICK SHOWS LIQUIDITY HUNT BEFORE DUMP
$UTK surged briefly to $0.02826 but was immediately slammed down, leaving a clear wick trap. Price has since broken below all key moving averages (MA 7, 25, 99) and is forming fresh hourly lows. Market structure remains bearish with volume fading after the spike.
🔴 Short Trade Setup
Entry Zone: $0.0256 – $0.0258
Take Profit (TP): $0.0248
Stop Loss (SL): $0.0265
Market Outlook:
If $0.0255 breaks cleanly, continuation toward $0.0245 is likely. Bulls must flip $0.0265 to reclaim momentum.
#UTKUSDC #ShortTrade #BearishTrend #ScamWick #CryptoAnalysis
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