TUT After the Spike, What Now? 📉
$TUT just showed how quickly momentum can change.
The token pushed all the way to around $0.337, but the rejection was brutal. It has now pulled back toward $0.16, giving back a large part of the move.
On the 1H chart, I’m watching one thing closely:
Can buyers defend the current area and rebuild momentum?
The price is still above the 1H MA(25), so I wouldn't call the structure completely broken yet.
But after a move this aggressive, chasing the candle here is not something I'd personally rush into.
For me:
Hold the support → recovery attempt becomes interesting.
Lose the support → another flush becomes possible.
The spike created attention.
Now the market has to prove whether $TUT has real strength or was simply a momentum move.
Would you buy this pullback, or wait for confirmation? 👀
$TUT just showed how quickly momentum can change.
The token pushed all the way to around $0.337, but the rejection was brutal. It has now pulled back toward $0.16, giving back a large part of the move.
On the 1H chart, I’m watching one thing closely:
Can buyers defend the current area and rebuild momentum?
The price is still above the 1H MA(25), so I wouldn't call the structure completely broken yet.
But after a move this aggressive, chasing the candle here is not something I'd personally rush into.
For me:
Hold the support → recovery attempt becomes interesting.
Lose the support → another flush becomes possible.
The spike created attention.
Now the market has to prove whether $TUT has real strength or was simply a momentum move.
Would you buy this pullback, or wait for confirmation? 👀