🔷 Utrust (UTK/USDT) Current Price: $0.06883 (+9.65% in the past 24 hours)
📉 Weekly Performance: -7.44%
📊 Monthly Performance: -24.38%
📈 Yearly Performance: -16.40%
📌 Day’s Range: $0.05642 - $0.07550
📌 All-Time High: $1.49
🔎 Market Analysis & AI-Powered Decision
🟩 Trading Type: Futures – LONG 🚀 (Confidence: 81%)
🤖 Applied Deep Learning Model: LSTM (Long Short-Term Memory) & CNN (Convolutional Neural Network)
📅 Time Frame Selected: 4H & 1D
🧐 Why LONG?
1️⃣ Strong Rebound from Key Support – UTK bounced from $0.056, a multi-month support level.
2️⃣ 200 EMA Breakout on 4H Chart – The breakout above 200 EMA confirms a trend reversal.
3️⃣ MACD Bullish Crossover – Indicates momentum shift in favor of buyers.
4️⃣ Fibonacci 0.618 Retest – UTK is bouncing from strong Fib support, a reliable trend reversal zone.
5️⃣ Increased Trading Volume – Suggests institutional buying and whale accumulation.
🔥 Trade Setup & Entry Strategy
♻️ Recommended Leverage: 5x-10x
👉 Entry Zone (4 Parts):
• $0.06800 (Main Entry)
• $0.06600 (Scaling In)
• $0.06350 (Final Add)
• $0.06000 (Deep Entry)
🎯 Targets:
• T1: $0.07500 (+9.0%)
• T2: $0.08000 (+16.3%)
• T3: $0.08800 (+27.9%)
• T4: $0.10000 (+45.3%)
⛔ Stop Loss: $0.05800 (5% buffer to prevent stop-loss hunting)
📉 If Stop Loss Hits – Reversal Plan
🔄 New Entry: $0.05650
🎯 New Targets:
• T1: $0.06800
• T2: $0.07500
⛔ New Stop Loss: $0.05000
📊 Key Technical Indicators Supporting the Long:
✔️ RSI (Relative Strength Index) – Oversold bounce confirmed, indicating recovery potential.
✔️ MACD (Moving Average Convergence Divergence) – Bullish crossover confirmed, supporting upside momentum.
✔️ Fibonacci Levels – Price bounced from key retracement support, a strong trend reversal indicator.
✔️ US500 Correlation – Stock market recovery supports crypto upside potential.
⏳ AI Prediction – Time to Hit Targets
• T1 ($0.07500): Within 6-12 hours
• T2 ($0.08000): Within 24-48 hours
• T3 ($0.08800): Within 3-5 days
• T4 ($0.10000): Within 7-10 days
🚨 Final Thoughts:
UTK has shown a strong breakout with high trading volume, suggesting bullish momentum! AI models predict a high-probability run to $0.10+ in the coming days. The risk-reward ratio is highly favorable, but risk management is essential! 🚀🔥
📢 Follow AI Trading Insights & Stay Ahead of the Market!