$TUT price action has been extremely volatile, with whales and insiders potentially having a major influence on short-term moves.
So instead of forcing a complicated setup, I'm keeping the key levels simple.
Right now, #Tutorial is in a consolidation zone.
🔴 Resistance: $0.0493–$0.0508
🟢 Support: $0.043–$0.042
•Bullish scenario
A clean breakout and hold above $0.051 could open the door for:
🎯 $0.053–$0.055
🎯 $0.060–$0.065
🎯 $0.080
The important part is sustaining above $0.051, not just a quick wick above it.
🔻 Bearish scenario
If $0.042 breaks and sellers gain control:
⚠️ $0.038 → $0.030 could come quickly.
And if selling pressure becomes aggressive, a move below $0.010 can't be ruled out.
For now, I'm watching the $0.042–$0.051 range closely.
Breakout above → bullish expansion 🚀
Breakdown below → deeper correction 🔻
With a coin this volatile, don't blindly chase either direction. Wait for confirmation and manage risk accordingly.
So instead of forcing a complicated setup, I'm keeping the key levels simple.
Right now, #Tutorial is in a consolidation zone.
🔴 Resistance: $0.0493–$0.0508
🟢 Support: $0.043–$0.042
•Bullish scenario
A clean breakout and hold above $0.051 could open the door for:
🎯 $0.053–$0.055
🎯 $0.060–$0.065
🎯 $0.080
The important part is sustaining above $0.051, not just a quick wick above it.
🔻 Bearish scenario
If $0.042 breaks and sellers gain control:
⚠️ $0.038 → $0.030 could come quickly.
And if selling pressure becomes aggressive, a move below $0.010 can't be ruled out.
For now, I'm watching the $0.042–$0.051 range closely.
Breakout above → bullish expansion 🚀
Breakdown below → deeper correction 🔻
With a coin this volatile, don't blindly chase either direction. Wait for confirmation and manage risk accordingly.
