The final act often brings the clearest signals. $TUT is now trading below both the EMA50 and EMA200 on the 4-hour and 1-hour charts. The moving averages are pressing down layer by layer, and each rebound is weaker than the last. We need to respect this trend. The 4-hour RSI has fallen to around 37, showing that sellers are still in control, while buyers have yet to regain momentum.
The moving average band above is resistance. If the price bounces, I’d rather wait to see it get rejected than rush to call a reversal. Until the structure improves, a move lower is more likely. A break below support would open up more downside. Manage your position size carefully, and don’t rush.
🔴 Trade direction: Short
📍 Entry range: 0.0222292 – 0.0222900
🛑 Stop loss: 0.0229490
🎯 Take profit 1: 0.0217426
🎯 Take profit 2: 0.0213979
🎯 Take profit 3: 0.0208809
Still waters run deep; foresight sees far. Through market ups and downs, stay composed.
Join Sister Fei and read the tides of wealth.
#TUT
Click below to trade 👇
The moving average band above is resistance. If the price bounces, I’d rather wait to see it get rejected than rush to call a reversal. Until the structure improves, a move lower is more likely. A break below support would open up more downside. Manage your position size carefully, and don’t rush.
🔴 Trade direction: Short
📍 Entry range: 0.0222292 – 0.0222900
🛑 Stop loss: 0.0229490
🎯 Take profit 1: 0.0217426
🎯 Take profit 2: 0.0213979
🎯 Take profit 3: 0.0208809
Still waters run deep; foresight sees far. Through market ups and downs, stay composed.
Join Sister Fei and read the tides of wealth.
#TUT
Click below to trade 👇