🔻 TUT down 8% and the chart looks like a staircase going nowhere good. Here's why I'm watching for shorts, not longs.
4H RSI at 35.3 = leaning bearish with room to fall further. Price ($0.0353) is below BOTH 4H moving averages (SMA7: $0.0383, SMA25: $0.0463). Daily structure is equally grim — price well below SMA25 at $0.0548. MACD is negative on 4H and barely positive on daily. This is distribution, not accumulation.
💡 Short Setup:
→ Entry: $0.0360 – $0.0380 (sell the bounce into resistance)
→ Stop Loss: $0.0420 (above 4H SMA25 — clear invalidation)
→ TP1: $0.0310 | TP2: $0.0270
→ Risk: ~12% | Reward: ~15-28%
Volume at 0.8x average on the decline confirms sellers aren't exhausted yet. When price makes lower highs on declining volume, the path of least resistance is DOWN.
⚠️ Higher-risk trade — only for experienced traders comfortable with shorting.
🎯 Is TUT headed for $0.025 or will buyers step in? Bearish or oversold bounce? 👇
#TUT #CryptoShort #DYOR
⚠️ Not financial advice. Shorting carries unlimited risk. Always use stop losses and DYOR.
4H RSI at 35.3 = leaning bearish with room to fall further. Price ($0.0353) is below BOTH 4H moving averages (SMA7: $0.0383, SMA25: $0.0463). Daily structure is equally grim — price well below SMA25 at $0.0548. MACD is negative on 4H and barely positive on daily. This is distribution, not accumulation.
💡 Short Setup:
→ Entry: $0.0360 – $0.0380 (sell the bounce into resistance)
→ Stop Loss: $0.0420 (above 4H SMA25 — clear invalidation)
→ TP1: $0.0310 | TP2: $0.0270
→ Risk: ~12% | Reward: ~15-28%
Volume at 0.8x average on the decline confirms sellers aren't exhausted yet. When price makes lower highs on declining volume, the path of least resistance is DOWN.
⚠️ Higher-risk trade — only for experienced traders comfortable with shorting.
🎯 Is TUT headed for $0.025 or will buyers step in? Bearish or oversold bounce? 👇
#TUT #CryptoShort #DYOR
⚠️ Not financial advice. Shorting carries unlimited risk. Always use stop losses and DYOR.