$TUT just tapped $0.0390 and I had that ugly little feeling in my stomach 😅
Saw the dump on the 4h and still couldn’t ignore it. That’s the move that makes you stare at the chart for 2 seconds too long, then either fade it or get cooked. Volume is still real at $29.90M, RSI is only 35, and funding sitting at 0.005% tells me longs are still paying while price keeps slipping. Messy.
Not clean.
But not dead either.
It’s only 9% up its 30d range, and way off the highs, so this is the kind of spot where one stupid bounce traps a lot of people fast ⚠️
Am I early on the $TUT bounce or is this still a falling knife?
#TUT
#Binance
#Altcoin
Saw the dump on the 4h and still couldn’t ignore it. That’s the move that makes you stare at the chart for 2 seconds too long, then either fade it or get cooked. Volume is still real at $29.90M, RSI is only 35, and funding sitting at 0.005% tells me longs are still paying while price keeps slipping. Messy.
Not clean.
But not dead either.
It’s only 9% up its 30d range, and way off the highs, so this is the kind of spot where one stupid bounce traps a lot of people fast ⚠️
Am I early on the $TUT bounce or is this still a falling knife?
#TUT
#Binance
#Altcoin