$UTK is looking neutral with a slight bullish bias after a volatile move. The token spiked to $0.03093 before pulling back and is now holding steady around $0.03133. Price action is consolidating, with support at $0.0294 and resistance near $0.032.

Fibonacci levels to keep an eye on:

0.236 retracement: ~$0.0295

0.382 retracement: ~$0.0285

0.618 retracement: ~$0.0270

A strong bounce from the 0.236 zone would support a continuation of the uptrend.

RSI check: Currently at 47, showing neutral momentum. A break above 50 would confirm bullish strength, while dropping under 40 could hint at more downside.

Entry ideas:

Safer zone: $0.0295–$0.0300 (near 0.236 Fib + support)

Aggressive zone: $0.0285–$0.0290 (around 0.382 Fib + last swing low)

Targets:

TP1: $0.032 (immediate resistance)

TP2: $0.035 (top of the recent trading range)

Stop-loss options:

Conservative: $0.0270 (under 0.618 Fib)

Tighter: $0.0280 (just below 0.382 Fib)