$TUT — Buyers Are Defending the Trendline 🚀
$TUT is holding the rising channel support on the 15M chart after a healthy pullback. Price is now sitting around $0.0613, close to the trendline, giving bulls a clear area to defend for the next push higher.
Long Entry: $0.0602–$0.0615
Stop Loss: $0.0549
Target 1: $0.0645
Target 2: $0.0670
Target 3: $0.0714
The structure remains bullish while $0.0602 holds. A bounce from this area followed by a break above $0.0645 could confirm continuation toward the upper side of the channel. Volume should increase with the breakout for stronger confirmation.
Invalidation comes if $TUT loses $0.0549 decisively. Until then, the current pullback looks more like a retest than a full trend reversal.
#NvidiaRises4%OnRevenueBeat #DollarPostsBiggestGainInNearlyFourWeeks #BankOfKoreaHikesRatesTo3% #DollarPostsBiggestGainInNearlyFourWeeks #BestBuyQ2RevenueTopsEstimatesLiftsOutlook
$TUT is holding the rising channel support on the 15M chart after a healthy pullback. Price is now sitting around $0.0613, close to the trendline, giving bulls a clear area to defend for the next push higher.
Long Entry: $0.0602–$0.0615
Stop Loss: $0.0549
Target 1: $0.0645
Target 2: $0.0670
Target 3: $0.0714
The structure remains bullish while $0.0602 holds. A bounce from this area followed by a break above $0.0645 could confirm continuation toward the upper side of the channel. Volume should increase with the breakout for stronger confirmation.
Invalidation comes if $TUT loses $0.0549 decisively. Until then, the current pullback looks more like a retest than a full trend reversal.
#NvidiaRises4%OnRevenueBeat #DollarPostsBiggestGainInNearlyFourWeeks #BankOfKoreaHikesRatesTo3% #DollarPostsBiggestGainInNearlyFourWeeks #BestBuyQ2RevenueTopsEstimatesLiftsOutlook
