TUT is up 118.24% in 24 hours and the daily RSI is 94.87.
That is not a target. It is a description of a move that already happened. 277 million USDT traded in 24h and the daily candle ran 9.36x its 20-day average volume, so the crowd has arrived. Now zoom in: the last 1h candle printed 0.85x average volume and the last 15m candle 0.72x. Price is parked near the highs while participation drains out of it.
0.18241 is where $TUT is decided - 23 measured touches on the 15m. Reclaim it on rising volume and the range extends. Rejected there again and 0.1447, also 23 touches, is the first shelf that has to hold.
The part most people skip: a 118% day on fading volume is distribution until proven otherwise. Everyone who needed convincing is already positioned.
$BTC is doing nothing remotely like this today. That matters - this is a single-name move, not a market bid, and single-name moves reprice fast in both directions.
Would you rather see 0.18241 broken, or see it hold as support first?
Analysis, not financial advice.
#MarketSentimentToday #WhaleMovements
That is not a target. It is a description of a move that already happened. 277 million USDT traded in 24h and the daily candle ran 9.36x its 20-day average volume, so the crowd has arrived. Now zoom in: the last 1h candle printed 0.85x average volume and the last 15m candle 0.72x. Price is parked near the highs while participation drains out of it.
0.18241 is where $TUT is decided - 23 measured touches on the 15m. Reclaim it on rising volume and the range extends. Rejected there again and 0.1447, also 23 touches, is the first shelf that has to hold.
The part most people skip: a 118% day on fading volume is distribution until proven otherwise. Everyone who needed convincing is already positioned.
$BTC is doing nothing remotely like this today. That matters - this is a single-name move, not a market bid, and single-name moves reprice fast in both directions.
Would you rather see 0.18241 broken, or see it hold as support first?
Analysis, not financial advice.
#MarketSentimentToday #WhaleMovements