TUTUSDT is being monitored for a short setup because a weakening has been detected in the resistance area, even though the macro market structure is still bullish. The dominant long position is vulnerable to liquidation if the price fails to hold.
$TUT
Bias:
Bearish intraday due to the liquidation risk of accumulated long positions.
Trade Plan
Entry: 0.0313
SL: 0.031441
TP: 0.031112
Market Evidence:
• Long/Short ratio 1.42 indicates long positions are highly dominant and vulnerable to liquidation.
• Price movement is still trapped in a market range phase that limits upside potential.
Risk:
• A whale bid wall below is ready to defend the support area and trigger a rebound.
#RADAR #Crypto #TUTUSDT
$TUT
Bias:
Bearish intraday due to the liquidation risk of accumulated long positions.
Trade Plan
Entry: 0.0313
SL: 0.031441
TP: 0.031112
Market Evidence:
• Long/Short ratio 1.42 indicates long positions are highly dominant and vulnerable to liquidation.
• Price movement is still trapped in a market range phase that limits upside potential.
Risk:
• A whale bid wall below is ready to defend the support area and trigger a rebound.
#RADAR #Crypto #TUTUSDT