$TUT long setup: watching 0.01988–0.01993 on the 4H
This zone is where buyers need to step in. A bounce here would show strength, but a break below 0.0195 invalidates.
Why this level:
- 4H price at 0.0199 is below EMA50 at 0.0212; bounce under trend is critical.
- Risk 2.1% to stop for 3.3% to TP3 offers a favorable risk-to-reward setup.
- 1H RSI at 40 indicates momentum is neutral, allowing for a possible recovery.
🟢 LONG · Entry 0.01988–0.01993 · TP 0.02015 / 0.02032 / 0.02056 · SL 0.01949
Will buyers defend this level or are we headed lower?
NFA · DYOR
This zone is where buyers need to step in. A bounce here would show strength, but a break below 0.0195 invalidates.
Why this level:
- 4H price at 0.0199 is below EMA50 at 0.0212; bounce under trend is critical.
- Risk 2.1% to stop for 3.3% to TP3 offers a favorable risk-to-reward setup.
- 1H RSI at 40 indicates momentum is neutral, allowing for a possible recovery.
🟢 LONG · Entry 0.01988–0.01993 · TP 0.02015 / 0.02032 / 0.02056 · SL 0.01949
Will buyers defend this level or are we headed lower?
NFA · DYOR
