$TUT — Major Rejection Short Setup
I am using this trade plan: Short
Entry: 0.0705 – 0.0720
Stop Loss: 0.0795
Target 1: 0.0650
Target 2: 0.0550
Target 3: 0.0422
$TUT is showing a strong rejection after failing to hold the 0.0795 resistance zone. The rebound from the recent low is losing momentum, while price remains below the key resistance area, keeping the short-term structure bearish.
As long as 0.0795 remains protected, the downside targets stay in focus. A breakdown below 0.0650 could accelerate the move toward 0.0550 and ultimately 0.0422. A sustained reclaim above 0.0795 invalidates the setup.
#SenateDelaysCLARITYActVoteToSeptember #OCCSaysDigitalFirmsCanSeekNationalBankStatus #CFTCOrdersKalshiToKeepOperating
I am using this trade plan: Short
Entry: 0.0705 – 0.0720
Stop Loss: 0.0795
Target 1: 0.0650
Target 2: 0.0550
Target 3: 0.0422
$TUT is showing a strong rejection after failing to hold the 0.0795 resistance zone. The rebound from the recent low is losing momentum, while price remains below the key resistance area, keeping the short-term structure bearish.
As long as 0.0795 remains protected, the downside targets stay in focus. A breakdown below 0.0650 could accelerate the move toward 0.0550 and ultimately 0.0422. A sustained reclaim above 0.0795 invalidates the setup.
#SenateDelaysCLARITYActVoteToSeptember #OCCSaysDigitalFirmsCanSeekNationalBankStatus #CFTCOrdersKalshiToKeepOperating