TUT short setup: the levels I'm watching
🔴 SHORT $TUT /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.0171969 – 0.0172431
TP1: 0.0168299 (-2.3%)
TP2: 0.0165699 (-3.8%)
TP3: 0.0161798 (-6.0%)
SL: 0.0177401 (+3.0%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? 3/12 signals agree, 1 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 22.1)
Risk: BTC is rising, this coin follows (corr 0.60)
The reasoning:
The daily trend reads range, and 3/12 signals aligned favour the short side. The plan is to work the 0.0171969 – 0.0172431 zone, scale out at 0.0168299 and 0.0165699, and stay patient for 0.0161798. A move through 0.0177401 means the idea is wrong and the stop does its job.
Does TUT tag 0.0168299 first, or the stop?
🔴 SHORT $TUT /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.0171969 – 0.0172431
TP1: 0.0168299 (-2.3%)
TP2: 0.0165699 (-3.8%)
TP3: 0.0161798 (-6.0%)
SL: 0.0177401 (+3.0%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? 3/12 signals agree, 1 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 22.1)
Risk: BTC is rising, this coin follows (corr 0.60)
The reasoning:
The daily trend reads range, and 3/12 signals aligned favour the short side. The plan is to work the 0.0171969 – 0.0172431 zone, scale out at 0.0168299 and 0.0165699, and stay patient for 0.0161798. A move through 0.0177401 means the idea is wrong and the stop does its job.
Does TUT tag 0.0168299 first, or the stop?
