🚨 $TUT is getting hit hard again.
Tutorial (TUT) is now around $0.040, down almost 30% in 24H, after briefly reaching $0.0589. The move comes after a brutal reversal from the recent rally, with price now sitting near the 1H lower Bollinger Band at $0.0413.
The important part: TUT is a very speculative, low-cap token, and recent volatility has been extreme. CoinMarketCap recently reported a sharp 42% sell-off amid negative sentiment and thin liquidity.
📊 Technically:
The chart is bearish short-term. Price is below the 1H middle Bollinger Band ($0.0467) and is testing $0.040 support.
🔴 TUT — SHORT on bounce
💰 Entry: $0.044–0.047
🎯 TP1: $0.040
🎯 TP2: $0.035
🎯 TP3: $0.030
🛑 SL: $0.052
🚀 Leverage: 2–3x
If $0.040 breaks with volume, I would expect another leg lower toward $0.035–0.030.
But if buyers reclaim $0.047 and hold it, the short setup is invalidated and TUT could attempt $0.052–0.059 again.
After a move this violent, I wouldn’t try to catch the falling knife. Let TUT show the direction first. 👀📉
#TUT #Tutorial #futures #Trading #Binance
Tutorial (TUT) is now around $0.040, down almost 30% in 24H, after briefly reaching $0.0589. The move comes after a brutal reversal from the recent rally, with price now sitting near the 1H lower Bollinger Band at $0.0413.
The important part: TUT is a very speculative, low-cap token, and recent volatility has been extreme. CoinMarketCap recently reported a sharp 42% sell-off amid negative sentiment and thin liquidity.
📊 Technically:
The chart is bearish short-term. Price is below the 1H middle Bollinger Band ($0.0467) and is testing $0.040 support.
🔴 TUT — SHORT on bounce
💰 Entry: $0.044–0.047
🎯 TP1: $0.040
🎯 TP2: $0.035
🎯 TP3: $0.030
🛑 SL: $0.052
🚀 Leverage: 2–3x
If $0.040 breaks with volume, I would expect another leg lower toward $0.035–0.030.
But if buyers reclaim $0.047 and hold it, the short setup is invalidated and TUT could attempt $0.052–0.059 again.
After a move this violent, I wouldn’t try to catch the falling knife. Let TUT show the direction first. 👀📉
#TUT #Tutorial #futures #Trading #Binance
