Technical Analysis for $UTK
/USDT
Current Price: 0.12500 USDT
Trend: Bullish – UTK has shown an 18.36% rise in the past 24 hours, indicating strong momentum in the short term.
Support Levels: 0.10121 (24h low), 0.11347
Resistance Levels: 0.13991 (24h high), 0.14185
Volume: High (303.22M UTK traded in 24 hours), suggesting active participation in the market.
RSI (Relative Strength Index): Likely above 50, showing strength (if not overbought).
MACD (Moving Average Convergence Divergence): Likely showing a bullish crossover, indicating momentum favoring further upside.
Trade Signal:
Buy Signal: Enter at 0.12500-0.12765 for the upward movement continuation.
Sell Signal: Consider selling if the price reaches resistance near 0.13991 to 0.14185.
Target Levels (Three Target Levels for trade):
Target 1: 0.13350 – Expect moderate resistance as the price approaches 0.13991.
Target 2: 0.13991 – Key resistance point; consider partial profit-taking