$TUT at $0.0449 is not a breakout yet, it’s the market baiting late longs 😈
11.24% green on $26.82M volume looks sexy until you check the tape. 4h is only +1.4%, RSI 59 is fine, and MAs are still chopping. That’s not trend strength, that’s a squeeze with mixed signals.
And yeah, funding is 0.005% so longs are already paying for the privilege. Cute.
What I do like: it’s only 11% off the bottom of the 30d range, so this thing still has room if buyers keep leaning in. But don’t call it a clean trend. It’s a grind, not a gospel. 🔥
#TUT
#Altcoin
#Trading
11.24% green on $26.82M volume looks sexy until you check the tape. 4h is only +1.4%, RSI 59 is fine, and MAs are still chopping. That’s not trend strength, that’s a squeeze with mixed signals.
And yeah, funding is 0.005% so longs are already paying for the privilege. Cute.
What I do like: it’s only 11% off the bottom of the 30d range, so this thing still has room if buyers keep leaning in. But don’t call it a clean trend. It’s a grind, not a gospel. 🔥
#TUT
#Altcoin
#Trading