$TUT prints +26.4% in 24h, hitting 0.0417, though 24h volume at $28M is soft for the move.
Price is above both the EMA20 (0.0390) and EMA50 (0.0368), pushing into the top half of its 7d range. This looks like a relief bounce, not a trend shift. The 0.0452 wick high from yesterday is the immediate resistance. Bulls need to clear it and hold.
Our desk thinks this prints as a lower high against the 0.0605 7d top. Buying here means fading 72 Greed.
Fade the bounce, or are you chasing this green?
$TUT
Price is above both the EMA20 (0.0390) and EMA50 (0.0368), pushing into the top half of its 7d range. This looks like a relief bounce, not a trend shift. The 0.0452 wick high from yesterday is the immediate resistance. Bulls need to clear it and hold.
Our desk thinks this prints as a lower high against the 0.0605 7d top. Buying here means fading 72 Greed.
Fade the bounce, or are you chasing this green?
$TUT
