$TUT Rebounded +4.7% from the support of 0.02150$ and broke the downtrend.. Is 0.0245$ coming? ๐๐ฅ"*
๐ What exactly happened$TUT
1. *Rebounded from 0.02150$ in the short term:* As we said in the previous analysis, the 0.02150$ support held the price and the RSI was 32 (Oversold).
2. *Jump +4.77% within an hour:* from 0.02157$ to 0.0226$ = a fast and strong rebound
3. *Break of the downtrend line:* which had been pressuring it since DEC 07 โ breaking it = a strong buy signal
4. *High buying volume:* the green volume is greater than the red โ buyers returned with force
*Targets:*
- *TP1:* 0.02275$ high of the day +0.6% โ very close
- *TP2:* 0.02350$ resistance +4%
- *TP3:* 0.02450$ our old target +8.4%
*New support:* 0.02200$ then 0.02150$ (steel)
*Stop-loss:* below 0.02148$ if the day closes (-5%)
๐ฏ Trading plan
- *If you entered from 0.02157$:* congratulations +4.7% โ raise the stop to 0.02200$ and lock part of the profit at 0.02275$
- *If youโre outside:* wait for a breakout of 0.02275$ with volume, or enter a correction at 0.02200$
#TUT #TUTUSDT #TutorialToken #Crypto #TechnicalAnalysis #Rebound #BullishReversal #Binance #CheapCoins #100xGem ๐๐
*Summary:* The expectation was 100% correct โ Oversold + support of 0.02150$ = rebound. Now TUT has broken the downtrend line and its direction is bullish.
๐ What exactly happened$TUT
1. *Rebounded from 0.02150$ in the short term:* As we said in the previous analysis, the 0.02150$ support held the price and the RSI was 32 (Oversold).
2. *Jump +4.77% within an hour:* from 0.02157$ to 0.0226$ = a fast and strong rebound
3. *Break of the downtrend line:* which had been pressuring it since DEC 07 โ breaking it = a strong buy signal
4. *High buying volume:* the green volume is greater than the red โ buyers returned with force
*Targets:*
- *TP1:* 0.02275$ high of the day +0.6% โ very close
- *TP2:* 0.02350$ resistance +4%
- *TP3:* 0.02450$ our old target +8.4%
*New support:* 0.02200$ then 0.02150$ (steel)
*Stop-loss:* below 0.02148$ if the day closes (-5%)
๐ฏ Trading plan
- *If you entered from 0.02157$:* congratulations +4.7% โ raise the stop to 0.02200$ and lock part of the profit at 0.02275$
- *If youโre outside:* wait for a breakout of 0.02275$ with volume, or enter a correction at 0.02200$
#TUT #TUTUSDT #TutorialToken #Crypto #TechnicalAnalysis #Rebound #BullishReversal #Binance #CheapCoins #100xGem ๐๐
*Summary:* The expectation was 100% correct โ Oversold + support of 0.02150$ = rebound. Now TUT has broken the downtrend line and its direction is bullish.