⚠️ Short Setup: $TUT (FUTURES) Distribution Pattern
📊 Market Context & Thesis:
Price pulled back directly into the 61.8%–65% Fibonacci resistance pocket on the 1-hour chart, where sellers actively absorbed incoming bids, favoring a resumption of the downtrend.
• Funding: 0.0050% (Neutral) • Next: 1h 57m
• Open Interest (OI): $4.78M
• 24h Volume: $5.09M
• 24h Range: 0.02096 — 0.02279 (-2.0%)
🎯 Entry: 0.02221
🛑 Stop-Loss: 0.02242 (-0.95%)
✅ Take-Profit: 0.02162 (+2.66%)
⚖️ Risk/Reward: 1:2.8
🚫 Invalidation Rule: If a 1-hour candle closes above $0.02242 (+0.95%), this bearish thesis is invalidated. Cut position immediately.
⚖️ Risk Note: Moderate leverage recommended (3x–5x on Futures). Never risk more than 1–2% of total portfolio capital on a single setup.
📈 Strategy Track Record: WR 14% over 29 trades
#TUT #TechnicalAnalysis #FuturesTrading #BinanceSquare
⚠️ Not financial advice. Always manage your risk.
📊 Market Context & Thesis:
Price pulled back directly into the 61.8%–65% Fibonacci resistance pocket on the 1-hour chart, where sellers actively absorbed incoming bids, favoring a resumption of the downtrend.
• Funding: 0.0050% (Neutral) • Next: 1h 57m
• Open Interest (OI): $4.78M
• 24h Volume: $5.09M
• 24h Range: 0.02096 — 0.02279 (-2.0%)
🎯 Entry: 0.02221
🛑 Stop-Loss: 0.02242 (-0.95%)
✅ Take-Profit: 0.02162 (+2.66%)
⚖️ Risk/Reward: 1:2.8
🚫 Invalidation Rule: If a 1-hour candle closes above $0.02242 (+0.95%), this bearish thesis is invalidated. Cut position immediately.
⚖️ Risk Note: Moderate leverage recommended (3x–5x on Futures). Never risk more than 1–2% of total portfolio capital on a single setup.
📈 Strategy Track Record: WR 14% over 29 trades
#TUT #TechnicalAnalysis #FuturesTrading #BinanceSquare
⚠️ Not financial advice. Always manage your risk.