$TUT is a conditional short for me around 0.15239, but I would not chase it directly near the current low.
Bias: Short on bounce
Entry zone: 0.1600 to 0.1750
Stop: above 0.1850
TP1: 0.1460 to 0.1352
TP2: 0.1250 to 0.1150
TP3: 0.1000 to 0.0830 if profit-taking gets heavier
The short setup looks cleaner only if TUT bounces into the 0.1600 to 0.1750 area and fails. Price already rejected hard from 0.24785, and the daily candle shows strong selling after the pump. Still, it is trading far above MA7 0.08237, so this can squeeze fast. If it reclaims 0.1850 with volume, I’d cancel the short idea.
Bias: Short on bounce
Entry zone: 0.1600 to 0.1750
Stop: above 0.1850
TP1: 0.1460 to 0.1352
TP2: 0.1250 to 0.1150
TP3: 0.1000 to 0.0830 if profit-taking gets heavier
The short setup looks cleaner only if TUT bounces into the 0.1600 to 0.1750 area and fails. Price already rejected hard from 0.24785, and the daily candle shows strong selling after the pump. Still, it is trading far above MA7 0.08237, so this can squeeze fast. If it reclaims 0.1850 with volume, I’d cancel the short idea.