$TUT TUT /USDT
Current Price: 0.03164 | 1H Change: -0.62%
The 1H structure is showing short-term bearish pressure. Price has fallen from an opening level of 0.03186 to close at 0.03164, with the candle failing to hold above the MA(7) at 0.03167. More importantly, the broader moving-average structure remains bearish, with MA(25) at 0.03393 and MA(99) at 0.03825, both significantly above the current price.
Market Structure
Resistance: 0.03197
Current: 0.03164
MA(7): 0.03167
MA(25): 0.03393
MA(99): 0.03825
Immediate support: 0.03021
The important observation is that price is now marginally below MA(7) while remaining well below MA(25) and MA(99). This keeps the broader 1H bias bearish.
SHORT EXECUTION
Preferred Short Entry: 0.03165 – 0.03190
The cleaner setup would be a rejection from 0.03167–0.03197. If price fails to reclaim this area and then breaks below 0.03160, bearish momentum could accelerate.
Target 1: 0.03100
Target 2: 0.03050
Target 3: 0.03021
Stop Loss: 0.03215
TRADE THESIS
Bearish continuation is favored while TUT remains below 0.03197.
A decisive break below 0.03021 would indicate further downside potential. Conversely, a sustained move above 0.03197 would weaken the short thesis and the position should be reassessed.
🔴 DESK BIAS: SHORT
Setup strength: 8/10
Best execution: rejection → 0.03165–0.03190 → breakdown → 0.03100 / 0.03050 / 0.03021.
These levels are derived from the chart data you provided and are not guaranteed outcomes.#TUTAlert #tutAnalaysis #CryptoRally