$TUT
Bias: 🔴 SHORT preferred
Current price: ~$0.0430
RSI: 28.37 — deeply oversold, so a short bounce is possible.
Price is trading below the Bollinger Middle Band ($0.0567), confirming strong bearish momentum.
Support: $0.0390 → $0.0375
Resistance: $0.0465 → $0.0555 → $0.0567
SHORT Setup
Entry: $0.0450–$0.0470 on rejection
TP1: $0.0390
TP2: $0.0375
SL: $0.0505
LONG Alternative
Consider a long only after a strong 1H close above $0.0470–$0.0500 with volume. A recovery toward $0.0555–$0.0567 could then become possible.
My call: 🔴 SHORT on a confirmed rejection. Don't chase the short at $0.0430 because RSI is already oversold; wait for a bounce/retest.
TUT is currently experiencing extreme volatility after a major rally and sharp correction, so leverage should be kept low and stops respected.
DYOR — not financial advice.
#TUTAlert
#TUTUSDT
Bias: 🔴 SHORT preferred
Current price: ~$0.0430
RSI: 28.37 — deeply oversold, so a short bounce is possible.
Price is trading below the Bollinger Middle Band ($0.0567), confirming strong bearish momentum.
Support: $0.0390 → $0.0375
Resistance: $0.0465 → $0.0555 → $0.0567
SHORT Setup
Entry: $0.0450–$0.0470 on rejection
TP1: $0.0390
TP2: $0.0375
SL: $0.0505
LONG Alternative
Consider a long only after a strong 1H close above $0.0470–$0.0500 with volume. A recovery toward $0.0555–$0.0567 could then become possible.
My call: 🔴 SHORT on a confirmed rejection. Don't chase the short at $0.0430 because RSI is already oversold; wait for a bounce/retest.
TUT is currently experiencing extreme volatility after a major rally and sharp correction, so leverage should be kept low and stops respected.
DYOR — not financial advice.
#TUTAlert
#TUTUSDT