UTK🔥
/USDT technical analysis 🧐
📊 UTK/USDT Technical Analysis – Bullish Momentum Incoming? 🚀
Current Price: $0.04369 (+11.88%)
24h High: $0.05364 | 24h Low: $0.03900
Volume: 220.64M UTK (~$10.23M USDT)
UTK is showing strong bullish momentum, trading above key moving averages:
✅ MA(7): $0.04433
✅ MA(25): $0.04357
✅ MA(99): $0.04111
With increasing volume and price breaking resistance levels, we have identified three key targets:
🎯 Target 1: $0.0485 – First resistance zone, if broken, confirms bullish continuation.
🎯 Target 2: $0.0535 – Recent 24h high; breaking this could trigger a strong upward move.
🎯 Target 3: $0.0600 – Psychological resistance and previous high zone, major breakout point.
🛑 Support Levels: $0.0420 | $0.0390
🔍 Strategy: Look for a retest of $0.044 before entering, and set a stop-loss below $0.039 to manage risk.
Will UTK reach new highs? Drop your thoughts below! 📉📈 #Binance #Crypto #UTK #Trading