The 4H chart just swallowed a -30% candle — and the crowd is convinced this is the top.
Flip it. That same candle left a massive bullish FVG gap roughly from $0.09 to $0.08, a vacuum zone price never filled. The last time we saw a wick that deep, $TUT rallied 27% the very next candle.
This isn't a breakdown. It's a reset. Funding is barely positive, longs aren't crowded. Open interest sits heavy at $300M — serious liquidity, not retail froth. Long/short ratio is 0.64. The crowd is decisively short. When everyone leans one way and price holds structure, the squeeze often goes the other.
My read: the daily matters most. Price is firmly above both the 7-day and 25-day EMAs. The level I'm watching is ~$0.143 on a daily close. As long as $TUT holds above that zone, the path of least resistance points toward $0.18 — the next liquidity pocket. Lose ~$0.143 on the daily, and the thesis weakens fast.
My read: the daily trend is intact, and the short-side positioning makes a squeeze higher the sharper risk. The real danger is fading strength without a close below invalidation.
Tap $TUT to pull up the chart and walk these levels yourself. What's the one level you're tracking most right now? 👇
Follow for the next read on this chart.
⚠️ Not financial advice. DYOR.
#TUT #Crypto #BinanceSquare #Altcoins
Flip it. That same candle left a massive bullish FVG gap roughly from $0.09 to $0.08, a vacuum zone price never filled. The last time we saw a wick that deep, $TUT rallied 27% the very next candle.
This isn't a breakdown. It's a reset. Funding is barely positive, longs aren't crowded. Open interest sits heavy at $300M — serious liquidity, not retail froth. Long/short ratio is 0.64. The crowd is decisively short. When everyone leans one way and price holds structure, the squeeze often goes the other.
My read: the daily matters most. Price is firmly above both the 7-day and 25-day EMAs. The level I'm watching is ~$0.143 on a daily close. As long as $TUT holds above that zone, the path of least resistance points toward $0.18 — the next liquidity pocket. Lose ~$0.143 on the daily, and the thesis weakens fast.
My read: the daily trend is intact, and the short-side positioning makes a squeeze higher the sharper risk. The real danger is fading strength without a close below invalidation.
Tap $TUT to pull up the chart and walk these levels yourself. What's the one level you're tracking most right now? 👇
Follow for the next read on this chart.
⚠️ Not financial advice. DYOR.
#TUT #Crypto #BinanceSquare #Altcoins