$TUT 4H Technical Analysis
Overall Bias: Bullish, but short-term correction possible ๐ก
TUT is still showing a strong bullish structure on the 4H chart. However, the price has already made a massive move from the lower levels, so entering a Long at the current price carries higher risk.
Indicators:
MACD: Bullish โ momentum is still positive.
RSI: Around 62 โ bullish, but momentum is cooling.
Stoch RSI: Falling โ indicates short-term weakness/correction.
Bollinger Bands: Price is still well above the middle band, confirming the strong trend.
๐ข LONG Confirmation:
A 4H candle closing above 0.215 with strong volume would give a better Long setup.
๐ฏ TP: 0.239 โ 0.275 โ 0.320โ0.337
๐ SL: Below 0.180
๐ด SHORT Confirmation:
A strong 4H close below 0.180 would indicate a possible trend correction.
๐ฏ TP: 0.160 โ 0.140 โ 0.118
๐ SL: 0.205โ0.215
๐ Current Price ~0.188:
No-trade zone for now. The safest approach is to wait for either a 0.215 breakout or a 0.180 breakdown before entering.
โ ๏ธ Not financial advice. Always use proper risk management.
#GrayscaleWithdrawsThreeAltcoinETFFilings #NYSEDevelopingTokenizedSecuritiesPaymentPlatform #KoreanChipStocksFallAsFundsRotateOut #SouthKoreaLawmakerToDelayCryptoTaxTo2030 #CLARITYActSenateVoteDelayedPastRecess
Overall Bias: Bullish, but short-term correction possible ๐ก
TUT is still showing a strong bullish structure on the 4H chart. However, the price has already made a massive move from the lower levels, so entering a Long at the current price carries higher risk.
Indicators:
MACD: Bullish โ momentum is still positive.
RSI: Around 62 โ bullish, but momentum is cooling.
Stoch RSI: Falling โ indicates short-term weakness/correction.
Bollinger Bands: Price is still well above the middle band, confirming the strong trend.
๐ข LONG Confirmation:
A 4H candle closing above 0.215 with strong volume would give a better Long setup.
๐ฏ TP: 0.239 โ 0.275 โ 0.320โ0.337
๐ SL: Below 0.180
๐ด SHORT Confirmation:
A strong 4H close below 0.180 would indicate a possible trend correction.
๐ฏ TP: 0.160 โ 0.140 โ 0.118
๐ SL: 0.205โ0.215
๐ Current Price ~0.188:
No-trade zone for now. The safest approach is to wait for either a 0.215 breakout or a 0.180 breakdown before entering.
โ ๏ธ Not financial advice. Always use proper risk management.
#GrayscaleWithdrawsThreeAltcoinETFFilings #NYSEDevelopingTokenizedSecuritiesPaymentPlatform #KoreanChipStocksFallAsFundsRotateOut #SouthKoreaLawmakerToDelayCryptoTaxTo2030 #CLARITYActSenateVoteDelayedPastRecess
