$TUT Bajista 🔴
MARKET ALERT: $TUT / USDT
$TUT enters a key defensive zone, trading in the range of $0,031 - $0,034 USDT. After a correction of almost 85% from its all-time high ($0,29), liquidity in perpetual contracts begins to test the floor of the move.
📌 Key Points:
• Current critical support: $0,029 - $0,030 USDT (Liquidation risk zone for Long positions).
• Resistance to reclaim: $0,037 - $0,045 USDT (Necessary to confirm a change in structure).
• Next floor if support breaks: $0,022 - $0,025 USDT.
💡 Market Reading: Much of the drop is driven by the massive closing of leverage and profit-taking. As long as we don’t see quick absorption wicks above $0,034+, Shorts keep technical control of the range below.
Manage your risk responsibly! 🛡️
#TUT #BinanceSquare #CryptoUpdate #FuturesTrading #CryptoAnalysis
MARKET ALERT: $TUT / USDT
$TUT enters a key defensive zone, trading in the range of $0,031 - $0,034 USDT. After a correction of almost 85% from its all-time high ($0,29), liquidity in perpetual contracts begins to test the floor of the move.
📌 Key Points:
• Current critical support: $0,029 - $0,030 USDT (Liquidation risk zone for Long positions).
• Resistance to reclaim: $0,037 - $0,045 USDT (Necessary to confirm a change in structure).
• Next floor if support breaks: $0,022 - $0,025 USDT.
💡 Market Reading: Much of the drop is driven by the massive closing of leverage and profit-taking. As long as we don’t see quick absorption wicks above $0,034+, Shorts keep technical control of the range below.
Manage your risk responsibly! 🛡️
#TUT #BinanceSquare #CryptoUpdate #FuturesTrading #CryptoAnalysis