$UTK USDT TECHNICAL ANALYSIS BULLISH MOMENTUM BUILDING ABOVE SUPPORT ZONE
$UTK is currently trading at $0.02742 (+5.14%), showing signs of renewed buying pressure. The price recently bounced from the $0.0256 support level, holding above key moving averages: MA(7) ā 0.02672, MA(25) ā 0.02666, and MA(99) ā 0.02655, which indicates a strong consolidation phase now shifting toward bullish sentiment.
A breakout above the $0.0282 resistance could trigger further upside momentum, potentially pushing UTK toward the $0.030 psychological level. On the downside, immediate support lies at $0.0262 ā $0.0256, where buyers are likely to defend the trend.
š Outlook: If UTK sustains above $0.0270, momentum favors bulls, and the next move could be a test of $0.030 ā $0.032. A rejection, however, may bring a retest of $0.0262 before the next major move.
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