Daily RSI on TUT is 97.41. Not 70. Not 80. 97.41 - and that daily candle is carrying 10.19x its 20-day average volume.
The move is real. +50.69% in 24 hours on 265,951,796 USDT of turnover, with the 4h EMA stack cleanly bullish. Price has already come back to 0.19685 from a 0.30563 high.
0.18001 is where $TUT is decided - 38 measured touches on the 15m, sitting almost exactly on the 15m volume point of control at 0.17953. Below it the next shelves are 0.17719 (36 touches) and 0.16990 (29 touches). Above, 0.21039 has capped price 9 times.
Now the uncomfortable part. The 4h volume ratio is 0.53 and the 1h is 0.96. Under half, and under average. The crowd showed up for the daily candle and thinned out before it closed. Vertical price with fading participation is a distribution risk, not confirmation.
No major does this. $BTC and $SOL do not print RSI 97 on a daily - that asymmetry cuts both ways.
Which side of 0.18001 are you actually watching?
#MarketSentimentToday #WhaleMovements
Analysis, not financial advice.
The move is real. +50.69% in 24 hours on 265,951,796 USDT of turnover, with the 4h EMA stack cleanly bullish. Price has already come back to 0.19685 from a 0.30563 high.
0.18001 is where $TUT is decided - 38 measured touches on the 15m, sitting almost exactly on the 15m volume point of control at 0.17953. Below it the next shelves are 0.17719 (36 touches) and 0.16990 (29 touches). Above, 0.21039 has capped price 9 times.
Now the uncomfortable part. The 4h volume ratio is 0.53 and the 1h is 0.96. Under half, and under average. The crowd showed up for the daily candle and thinned out before it closed. Vertical price with fading participation is a distribution risk, not confirmation.
No major does this. $BTC and $SOL do not print RSI 97 on a daily - that asymmetry cuts both ways.
Which side of 0.18001 are you actually watching?
#MarketSentimentToday #WhaleMovements
Analysis, not financial advice.