$UTK USDT BEARISH PRESSURE BUILDING — NEXT LEG DOWN AHEAD
UTK is struggling to hold above 0.0322 after repeated failed recovery attempts. Selling pressure dominates with 64% on the order book favoring sellers, and momentum suggests another downward move is likely if support breaks.
Trade Setup:
Entry Zone: 0.03220 – 0.03230
Take Profit 1: 0.03160
Take Profit 2: 0.03100
Stop Loss: 0.03360
Market Outlook:
Bears remain in control after a sharp drop from 0.03915. A clean breakdown below 0.0320 could accelerate selling, while only a strong close above 0.0336 would weaken the bearish setup. Short-term traders can look for fast downside continuation.