Daily volume on TUT ran 10.19x its own average. That is not quiet accumulation. That is a crowd arriving at once.
Structure has not broken yet. The 1h EMA stack is still bullish (9>21>50) and the 4h sits 73.9% up its range. But price has already slipped from the 0.19053 15m close back to 0.16983.
0.1699 is where $TUT is decided - 29 measured touches on the 15m. Hold it and the 0.18001 shelf, 38 touches, comes back into play. Lose it and the next measured level is 0.13736 with 9 touches on the 1h.
The uncomfortable part: daily RSI is 97.41, 4h RSI is 86.22, and volume ratio has fallen to 0.72 on the 15m and 0.77 on the 1h. Price is holding. Participation is not. The move already happened.
Against $BTC the trade-off is plain - you are not paying a 10x volume spike to find out who is left holding.
Would you buy the 29-touch level, or wait to see it fail?
#MarketSentimentToday #WhaleMovements
Analysis, not financial advice.
Structure has not broken yet. The 1h EMA stack is still bullish (9>21>50) and the 4h sits 73.9% up its range. But price has already slipped from the 0.19053 15m close back to 0.16983.
0.1699 is where $TUT is decided - 29 measured touches on the 15m. Hold it and the 0.18001 shelf, 38 touches, comes back into play. Lose it and the next measured level is 0.13736 with 9 touches on the 1h.
The uncomfortable part: daily RSI is 97.41, 4h RSI is 86.22, and volume ratio has fallen to 0.72 on the 15m and 0.77 on the 1h. Price is holding. Participation is not. The move already happened.
Against $BTC the trade-off is plain - you are not paying a 10x volume spike to find out who is left holding.
Would you buy the 29-touch level, or wait to see it fail?
#MarketSentimentToday #WhaleMovements
Analysis, not financial advice.