$UTK – BEARISH PRESSURE SIGNALING SHORT TRADE
$UTK /USDT is showing weakness after failing to sustain above the 0.02950 level, with selling pressure pushing price back toward the 0.02600 zone. The recent rejection from resistance and breakdown from intraday highs indicate bearish control, suggesting a continuation lower if support cracks.
Trade Setup (Short):
Entry: 0.02670 – 0.02660
Targets: 0.02610 / 0.02590
Stop Loss: 0.02750
Losing 0.02610 could accelerate downside momentum, while reclaiming 0.02750 would invalidate this setup. Bears remain favored in the short-term structure.
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