Guys, $TUT has pushed straight into a major resistance box around $0.05–$0.08 after this massive pump.
This box is the key. Breaking and holding above it would turn the setup bullish. But personally, I think price is more likely to spend some time trading inside this zone before eventually losing it.
If the box breaks down → a deeper correction can follow.
For now, I’m watching the $0.08 rejection closely. After a +67% move, chasing here is risky.
This box is the key. Breaking and holding above it would turn the setup bullish. But personally, I think price is more likely to spend some time trading inside this zone before eventually losing it.
If the box breaks down → a deeper correction can follow.
For now, I’m watching the $0.08 rejection closely. After a +67% move, chasing here is risky.