TUT is pressing lower — a short setup with three targets down to 0.0145868, up to 11.38% below the entry zone. $TUT
The setup: price sits below EMA50 and EMA200 on the daily, with the moving averages stacked against the buyers — the big-picture trend is down. The 1h chart agrees: TUT is trading at 0.01638, down 1.09% over 24 hours, inside a 0.0160–0.0172 range, with 133.22M TUT (2.19M USDT) traded in the last day. Six of twelve signals line up on the short side, confidence reads 75%, and the 15m RSI sits at 49.6.
The trade: enter 0.0164265–0.0164935, stop 0.0173966 (+5.69%), reward to risk 2.00R. Targets step down in three stages — TP1 0.0157576 (-4.27%), TP2 0.0152893 (-7.11%), TP3 0.0145868 (-11.38%).
The plan: close 50% at TP1, 25% at TP2 and the final 25% at TP3, moving the stop to entry once TP1 is hit.
The warning is the stop itself: a push back above 0.0173966 breaks the idea, and the 1h ATR of 0.00026 means the zone can still swing. Shorts are in control while price stays under the entry zone — but the trade only works if the levels hold.
Where do you see TUT heading from here — first target, or a reclaim of the entry zone?
Personal market analysis only. NFA — manage risk and DYOR. Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
The setup: price sits below EMA50 and EMA200 on the daily, with the moving averages stacked against the buyers — the big-picture trend is down. The 1h chart agrees: TUT is trading at 0.01638, down 1.09% over 24 hours, inside a 0.0160–0.0172 range, with 133.22M TUT (2.19M USDT) traded in the last day. Six of twelve signals line up on the short side, confidence reads 75%, and the 15m RSI sits at 49.6.
The trade: enter 0.0164265–0.0164935, stop 0.0173966 (+5.69%), reward to risk 2.00R. Targets step down in three stages — TP1 0.0157576 (-4.27%), TP2 0.0152893 (-7.11%), TP3 0.0145868 (-11.38%).
The plan: close 50% at TP1, 25% at TP2 and the final 25% at TP3, moving the stop to entry once TP1 is hit.
The warning is the stop itself: a push back above 0.0173966 breaks the idea, and the 1h ATR of 0.00026 means the zone can still swing. Shorts are in control while price stays under the entry zone — but the trade only works if the levels hold.
Where do you see TUT heading from here — first target, or a reclaim of the entry zone?
Personal market analysis only. NFA — manage risk and DYOR. Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
