๐ $UTK /USDT โ Downtrend Continues, Caution Ahead ๐จ
๐น Current Price: $0.11443 (-9.71%)
๐น 24H High: $0.13895 | 24H Low: $0.10257
๐ Technical Outlook:
UTK is showing a clear downtrend on the 1H chart, with lower highs and a descending resistance line. A breakdown below $0.11 could trigger further downside pressure.
Key Levels to Watch:
Support: $0.11 ๐ก๏ธ
Breakdown Target: $0.10 โ $0.09 ๐
Resistance: $0.12 (descending trendline) ๐จ
๐ฅ Whatโs Next?
If bears remain in control, $0.10 could be tested soon. Bulls need a breakout above the trendline to reverse the current trend.
โ ๏ธ Traders' Tip: Watch for volume and a confirmed breakout or breakdown. Use stop-losses to manage risks in this volatile setup.
#UTK #DowntrendWatch #TradingSignals #Write2Earn! #VANAOpening