$TUT
Bias: Bearish reversal setup — wait for rejection
Short Entry: 0.134–0.149
Stop Loss: 0.160
Targets:
TP1: 0.098
TP2: 0.077
TP3: 0.056
Rationale: Price has exploded nearly +700% and is now testing the major 0.705–0.786 Fibonacci resistance zone. This is a high-risk area for late longs and a potential distribution/rejection zone.
Confirmation: Don't short blindly. Wait for a strong rejection and lower-timeframe bearish structure.
Invalidation: Monthly acceptance above 0.160.
Best play: Let the pump exhaust first—confirmation > prediction.
Bias: Bearish reversal setup — wait for rejection
Short Entry: 0.134–0.149
Stop Loss: 0.160
Targets:
TP1: 0.098
TP2: 0.077
TP3: 0.056
Rationale: Price has exploded nearly +700% and is now testing the major 0.705–0.786 Fibonacci resistance zone. This is a high-risk area for late longs and a potential distribution/rejection zone.
Confirmation: Don't short blindly. Wait for a strong rejection and lower-timeframe bearish structure.
Invalidation: Monthly acceptance above 0.160.
Best play: Let the pump exhaust first—confirmation > prediction.