$TUT
$TUT is the standout coin here, up +60.59% to 0.06796. This is a much larger move than the other coins, so momentum is clearly strong, but the risk of a sharp reversal is also much higher. TUT has recently experienced extremely large moves and even major futures liquidations, which shows how aggressively traders are positioning around it.
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Prediction:
🟢 Bullish if it holds around 0.06–0.065
🎯 Possible upside scenario: 0.08–0.10
🔴 If momentum fails, 0.055–0.06 becomes an important area
Risk: Very high
My view: $TUT has the biggest upside momentum, but I would not chase a +60% candle. A pullback followed by a higher low would be much healthier.#GoldReboundsNearly5% #USDollarFallsToThreeMonthLow #USThreeMajorIndexesPostWeeklyLosses
$TUT is the standout coin here, up +60.59% to 0.06796. This is a much larger move than the other coins, so momentum is clearly strong, but the risk of a sharp reversal is also much higher. TUT has recently experienced extremely large moves and even major futures liquidations, which shows how aggressively traders are positioning around it.
💥💥💥
Prediction:
🟢 Bullish if it holds around 0.06–0.065
🎯 Possible upside scenario: 0.08–0.10
🔴 If momentum fails, 0.055–0.06 becomes an important area
Risk: Very high
My view: $TUT has the biggest upside momentum, but I would not chase a +60% candle. A pullback followed by a higher low would be much healthier.#GoldReboundsNearly5% #USDollarFallsToThreeMonthLow #USThreeMajorIndexesPostWeeklyLosses
