Selling pressure is clearly taking control as momentum shifts downward.
$TUT dropped sharply to the 0.02893 low before making a weak attempt to bounce back toward 0.03255. The Supertrend line around 0.03328 is now acting as overhead resistance, and volume has dried up significantly during this modest recovery attempt.
The current structure looks like a light pullback into resistance following a heavy drop. Stay patient, watch for proper confirmation, and wait to see if sellers step back in to push price lower.
Do you think $TUT can reclaim its higher levels, or is another leg down incoming?
#TuT2025
$TUT dropped sharply to the 0.02893 low before making a weak attempt to bounce back toward 0.03255. The Supertrend line around 0.03328 is now acting as overhead resistance, and volume has dried up significantly during this modest recovery attempt.
The current structure looks like a light pullback into resistance following a heavy drop. Stay patient, watch for proper confirmation, and wait to see if sellers step back in to push price lower.
Do you think $TUT can reclaim its higher levels, or is another leg down incoming?
#TuT2025