$TUT This familiar script again:

In just 15 minutes, it dropped 6.5%. Volume surged to 2.7x the usual level—the speed at which the market is “voting with its feet” is faster than expected. OI fell 2% in the 15-minute window; nominal positions were pulled back by 1.5 million at once. This clearly looks like a long liquidation ahead of the shorts entering—not just simple panic selling.

But here’s the interesting part—at the 1-hour level, OI is actually rising (+1.55%). That suggests some funds are catching the dip mid-drop, and the hands have been trading pretty actively. Now the abnormal percentile across the whole pool is 97.8%, and the nominal change ranks No. 2 across the whole pool. It’s already in an extreme range near historical highs.

Buy/sell ratio is 0.89. There’s still active sell-side pressure, but at this point, it doesn’t look far from a “crowded stampede” type of move. The more extreme it gets, the easier it is to see long lower wicks.

📉 Don’t rush to bottom-pick for now—watch whether this 15-minute candle can hold steady. This stock’s volatility isn’t meant to let you lie back and win; it’s there for you to do T-trades (tactical trading).