UTK surged from 0.00677 to 0.0244, up 260%, then within one hour fell back to 0.00795, down 17%—a typical pump-and-dump distribution tactic.
The current price is 0.00795, close to support at 0.00704. If it breaks, downside space opens up; if it holds and breaks through 0.0244 with increased volume, it may attempt a second top.
Trading volume expands, but the price falls, indicating heavy selling pressure. Retail investors are buying the dip while the main forces withdraw.
If it breaks below 0.00704, the target is 0.005; if it holds above 0.008 and breaks through 0.01, then long momentum could potentially reignite.
Don’t be fooled by the 24-hour price change—what matters is the 1-hour chart.
Primary obvious deal for harvesting—are you going to cut your losses and run, or hold on until it goes to zero?
$UTK $WEB3 $DEPIN