$UTK /USDT
š¹ Market Snapshot
Current Price: $0.03181 (-2.63%)
24h High: $0.03294
24h Low: $0.03058
Volume (UTK): 19.30M
Volume (USDT): $613K
Sector: Payments
Trend: Mild downtrend / range compression
š Key Technical Levels
TypePriceDescriptionResistance 1$0.0329024h High / intraday resistanceResistance 2$0.03350Key breakout areaSupport 1$0.03100Soft support / pivotSupport 2$0.0305824h Low, price reaction zoneSupport 3$0.03000Psychological + possible stop hunt zone
š Volume & Momentum
Current Vol: 65.5K
MA(5): 78.6K
MA(10): 73.4K
Volume is drying up slightly, suggesting weak conviction
Momentum is bearish, but no strong breakdown yet
š Trade Ideas
ā Setup A: Support Bounce
Entry Zone: $0.0306ā$0.0310
Stop Loss: $0.0298
Target 1: $0.0322
Target 2: $0.0329
Trigger: Price stalls near 24h low with a bullish 15m/1h engulfing or reversal candle
š Setup B: Breakout Long
Entry: $0.0330+ clean breakout
Stop Loss: $0.0318
Target: $0.0345ā$0.0352
Trigger: High volume break through $0.0329 with a solid 1h candle close
ā ļø Caution If:
Price loses $0.0305 and shows increasing sell-side volume
Market consolidates under $0.031 with lower highs forming
š§ Summary
UTK is in low-volume chop near support. Momentum is mildly bearish, but if $0.0305 holds, it could provide a short-term bounce opportunity. A volume-confirmed breakout above $0.0329 would shift bias bullish.
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