Analysis of coin $TUT : Are you preparing for a new breakout after the corrective plateau?
​Hello dear followers on the Binance Square platform! A quick look at the chart for the TUTUSDT pair shows an exciting price movement worth pausing to accurately examine and study its current technical features.
​📊 Technical Analysis and Price Movement:
​Current Price: The pair $TUT is trading at 0.04405, recording a notable positive change of +37.70%.
​24-hour Range: The coin’s lowest price was 0.03185 and its highest was 0.06060, with strong trading volume of 8.26B for TUT and 365.63M for USDT.
​Historical and Near Movement: After the strong price shock and reaching the peak at 0.33733, the price entered a downward correction wave and remained relatively stable until it found a strong support base near the previous bottom at 0.02407. Then it began stabilizing and building a new sideways breakout base around the 0.044 levels.
​Momentum Indicators: The RSI(6) Relative Strength Index is currently reading 46.51, reflecting a state of neutral balance with a slight recovery bias, while liquidity indicators (OBV) show calm attempts to fluctuate, awaiting new liquidity.
$TUT