Neutral to slightly bullish $UTK has experienced recent volatility, with a significant surge reaching $0.03093, followed by a pullback. Currently trading at $0.03133, the price is stabilizing within a range. Immediate support is at $0.0294, and resistance is near $0.032.

Fibonacci Levels:

The recent price movement suggests a potential retracement. Key Fibonacci levels to monitor:

0.236 Retracement: Approximately $0.0295

0.382 Retracement: Approximately $0.0285

0.618 Retracement: Approximately $0.0270

A bounce from the 0.236 level could indicate a continuation of the uptrend.

RSI:

Currently at 47, indicating neutral momentum. A move above 50 would confirm bullish strength, while a drop below 40 could signal further downside.

Entry Zones:

Safer: $0.0295–$0.0300, aligning with the 0.236 Fibonacci level and recent support.

Aggressive: $0.0285–$0.0290, near the 0.382 Fibonacci level and previous swing low.

Take-Profit Zones:

TP1: $0.032, previous resistance zone.

TP2: $0.035, aligning with the upper end of the recent trading range.

Stop-Loss Ideas:

Conservative: $0.0270, below the 0.618 Fibonacci retracement level.

Tight: $0.0280, just below the 0.382 Fibonacci level.