$TUT Rejection Points to Further Downside
I am using this trade plan: Short
Entry: $0.04005 – $0.04110
Stop Loss: $0.04375
Target 1: $0.03850
Target 2: $0.03700
Target 3: $0.03558
$TUT rejected the $0.0410–$0.0411 resistance zone after a sharp rebound, while the latest candles are losing momentum. If sellers maintain pressure below $0.0400, the setup favors a move toward $0.0385 and potentially $0.03558.
#BTCPerpFundingRateHits20MonthHigh #NeynarSeeksNewFarcasterOperator #SP500FallsForThirdStraightSession #SP500FallsForThirdStraightSession #ChinaToDropOlderWindowsFromStateAgencies
I am using this trade plan: Short
Entry: $0.04005 – $0.04110
Stop Loss: $0.04375
Target 1: $0.03850
Target 2: $0.03700
Target 3: $0.03558
$TUT rejected the $0.0410–$0.0411 resistance zone after a sharp rebound, while the latest candles are losing momentum. If sellers maintain pressure below $0.0400, the setup favors a move toward $0.0385 and potentially $0.03558.
#BTCPerpFundingRateHits20MonthHigh #NeynarSeeksNewFarcasterOperator #SP500FallsForThirdStraightSession #SP500FallsForThirdStraightSession #ChinaToDropOlderWindowsFromStateAgencies