$TUT is consolidating above a key support zone after a sharp correction, suggesting sellers are losing momentum. Price is compressing into a tighter range, and this type of structure often precedes a strong directional move. A breakout above nearby resistance would likely attract fresh buying interest.
Trade Plan (Long Setup)
Entry: 0.03820 – 0.03880
Stop Loss: 0.03650
TP1: 0.04080
TP2: 0.04320
TP3: 0.04600
Strategy
Don't chase the breakout. Either accumulate within the entry zone or wait for a confirmed candle close above resistance with increasing volume. Consider taking partial profits at TP1 and trail your stop-loss to breakeven if momentum remains strong.
Bias: 🟢 Moderately Bullish — as long as 0.03820 support continues to hold.
click here to trade 👇🏻
#ALPHA
Trade Plan (Long Setup)
Entry: 0.03820 – 0.03880
Stop Loss: 0.03650
TP1: 0.04080
TP2: 0.04320
TP3: 0.04600
Strategy
Don't chase the breakout. Either accumulate within the entry zone or wait for a confirmed candle close above resistance with increasing volume. Consider taking partial profits at TP1 and trail your stop-loss to breakeven if momentum remains strong.
Bias: 🟢 Moderately Bullish — as long as 0.03820 support continues to hold.
click here to trade 👇🏻
#ALPHA