🚨 $TUT is giving back almost the entire pump.
We already covered TUT when it was trading around $0.17 after the explosive rally. Now the situation looks completely different: price is around $0.0408, down 42.8% today, with a 24H high of $0.0768.
And this isn’t just a normal correction.
TUT previously exploded more than 1,100% in two days, reaching around $0.29. The move was fueled by a token burn, the Aster perpetual listing and enormous derivatives activity. More than $42M in liquidations were recorded during the reversal, showing just how much leverage entered the market. (CoinMarketCap)
There was also a recent Bitget compensation announcement following extreme volatility in TUT and other tokens. (CoinMarketCap)
📊 My view:
The 1H chart is still clearly bearish. Price remains below the Bollinger middle band around $0.055, while the lower band is near $0.038.
I wouldn’t short directly at $0.040 — we’re already close to support.
🔴 TUT — SHORT on bounce
💰 Entry: 0.046–0.052
⚙️ Margin: Cross
🎯 Take Profits:
🥇 0.039
🥈 0.034
🥉 0.029
🚀 Leverage: 5x
🛑 Stop Loss: 0.056
💡 Comment: If $0.038 breaks with volume, TUT could accelerate toward $0.034–0.030. But if buyers reclaim $0.055–0.060, I would cancel the short idea and wait.
From $0.29 → $0.04 is a brutal reminder:
A token can go up 1,000% and still fall 80–90% just as fast. Don’t chase pumps — especially when leverage is driving the move. 📉
#TUT #Tutorial #futures #Crypto #Trading
We already covered TUT when it was trading around $0.17 after the explosive rally. Now the situation looks completely different: price is around $0.0408, down 42.8% today, with a 24H high of $0.0768.
And this isn’t just a normal correction.
TUT previously exploded more than 1,100% in two days, reaching around $0.29. The move was fueled by a token burn, the Aster perpetual listing and enormous derivatives activity. More than $42M in liquidations were recorded during the reversal, showing just how much leverage entered the market. (CoinMarketCap)
There was also a recent Bitget compensation announcement following extreme volatility in TUT and other tokens. (CoinMarketCap)
📊 My view:
The 1H chart is still clearly bearish. Price remains below the Bollinger middle band around $0.055, while the lower band is near $0.038.
I wouldn’t short directly at $0.040 — we’re already close to support.
🔴 TUT — SHORT on bounce
💰 Entry: 0.046–0.052
⚙️ Margin: Cross
🎯 Take Profits:
🥇 0.039
🥈 0.034
🥉 0.029
🚀 Leverage: 5x
🛑 Stop Loss: 0.056
💡 Comment: If $0.038 breaks with volume, TUT could accelerate toward $0.034–0.030. But if buyers reclaim $0.055–0.060, I would cancel the short idea and wait.
From $0.29 → $0.04 is a brutal reminder:
A token can go up 1,000% and still fall 80–90% just as fast. Don’t chase pumps — especially when leverage is driving the move. 📉
#TUT #Tutorial #futures #Crypto #Trading