$TUT Returned to the start!
Although being in extreme oversold on StochRSI sometimes suggests a specific technical rebound (a short-term “bounce” to relieve indicators), the overall trend in this chart does not show confirmation of a structure change. If it loses the floor again at 0.02855 USDT, it could go on to seek even lower lows.
If you’re looking to enter or average in, it’s better to wait for the price to consolidate a firm base and for the order book supply to start balancing.
Although being in extreme oversold on StochRSI sometimes suggests a specific technical rebound (a short-term “bounce” to relieve indicators), the overall trend in this chart does not show confirmation of a structure change. If it loses the floor again at 0.02855 USDT, it could go on to seek even lower lows.
If you’re looking to enter or average in, it’s better to wait for the price to consolidate a firm base and for the order book supply to start balancing.