$TUT just gave the bears another reason to stay patient.
The 30M downtrend remains clean: lower highs, lower lows, and EMA7 < EMA25 < EMA99.
But after a 26%+ daily drop, shorting at the current price is chasing.
The better setup is the retest.
🔴 SHORT
Entry: 0.0725–0.0750
TP1: 0.0635–0.0645
TP2: 0.0613–0.0620
SL: 0.0785
🟢 Trade Grade: A Setup
If TUT bounces into the EMA resistance zone and gets rejected, the next move toward 0.0613 becomes much more interesting.
Let the bounce come to you.
The 30M downtrend remains clean: lower highs, lower lows, and EMA7 < EMA25 < EMA99.
But after a 26%+ daily drop, shorting at the current price is chasing.
The better setup is the retest.
🔴 SHORT
Entry: 0.0725–0.0750
TP1: 0.0635–0.0645
TP2: 0.0613–0.0620
SL: 0.0785
🟢 Trade Grade: A Setup
If TUT bounces into the EMA resistance zone and gets rejected, the next move toward 0.0613 becomes much more interesting.
Let the bounce come to you.
