📉 $TUT is under heavy selling pressure:
Current price: $0.04822
24h change: -41.42%
24h high: $0.08477
24h low: $0.04641
24h volume: ~469.46M TUT — very high volume during the sell-off.
The weekly chart shows a huge spike followed by a large red rejection candle, indicating that much of the recent pump has been given back.
Immediate support: around $0.046–$0.048.
If that zone fails, the chart could remain weak. A recovery above roughly $0.06–$0.07 would make the structure look healthier.
The broader live market data also confirms a very sharp TUT decline today, with TUT around $0.049 and down roughly 40% over 24 hours.
Overall: 🔴 Strongly bearish in the short term, but the extremely high volume means volatility is very high and a rebound is also possible.#Binance #Market_Update #TradingSignals #crypto
Current price: $0.04822
24h change: -41.42%
24h high: $0.08477
24h low: $0.04641
24h volume: ~469.46M TUT — very high volume during the sell-off.
The weekly chart shows a huge spike followed by a large red rejection candle, indicating that much of the recent pump has been given back.
Immediate support: around $0.046–$0.048.
If that zone fails, the chart could remain weak. A recovery above roughly $0.06–$0.07 would make the structure look healthier.
The broader live market data also confirms a very sharp TUT decline today, with TUT around $0.049 and down roughly 40% over 24 hours.
Overall: 🔴 Strongly bearish in the short term, but the extremely high volume means volatility is very high and a rebound is also possible.#Binance #Market_Update #TradingSignals #crypto