$TUT is showing weakness after its massive parabolic rally. It recently ran from around $0.02 to nearly $0.29, followed by a sharp reversal, so I’d rather short the bounce than chase a long here.
Trade Plan
Entry: 0.0385–0.0400
TP1: 0.0340
TP2: 0.0300
TP3: 0.0260
SL: 0.0430
#Altcoin
Why short?
Momentum has clearly cooled, and the recent crash shows sellers are still active. The setup improves if TUT gets rejected around 0.040–0.043.
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