Everyone sees that +16% pump and thinks the bottom is in.
They’re wrong. The chart is screaming "bull trap."
A 260% wick to $0.024 got fully rejected—price is already back to pre-spike levels. That’s not strength; that’s a liquidity grab before the real move down. The volume spike confirms distribution, not accumulation.
The Trade — SHORT (Swing 1D):
Entry $0.00810900 | SL $0.00875772 | TP $0.00681156 | 2.0:1 R:R | 3x Cross max.
This is a sell-limit resting into resistance. Size it so a full stop-out costs no more than 1-2% of your account. Idea dead if a daily candle closes above $0.00875772.
Tap $UTK to pull up the chart and set the limit—let price come to you.
Follow me — I'll drop the exact update the moment this triggers or invalidates, so you catch it.
LONG or SHORT $UTK here? 👇
⚠️ Not financial advice. DYOR.
#UTK #Crypto #Trading #BinanceSquare
They’re wrong. The chart is screaming "bull trap."
A 260% wick to $0.024 got fully rejected—price is already back to pre-spike levels. That’s not strength; that’s a liquidity grab before the real move down. The volume spike confirms distribution, not accumulation.
The Trade — SHORT (Swing 1D):
Entry $0.00810900 | SL $0.00875772 | TP $0.00681156 | 2.0:1 R:R | 3x Cross max.
This is a sell-limit resting into resistance. Size it so a full stop-out costs no more than 1-2% of your account. Idea dead if a daily candle closes above $0.00875772.
Tap $UTK to pull up the chart and set the limit—let price come to you.
Follow me — I'll drop the exact update the moment this triggers or invalidates, so you catch it.
LONG or SHORT $UTK here? 👇
⚠️ Not financial advice. DYOR.
#UTK #Crypto #Trading #BinanceSquare