$TUT just ran into a familiar problem: strong momentum is meeting resistance, and the latest candle is already pulling back.
On the 15M chart, $TUT rallied sharply from the $0.027 area toward $0.029, but the move is now showing rejection around $0.0287–$0.0290. If sellers maintain control, the recent consolidation could unwind toward lower support.
$TUT — SHORT
Entry: $0.02868
TP1: $0.02750
TP2: $0.02650
TP3: $0.02569
SL: $0.03012
Why this setup? Price is rejecting the upper range after an aggressive rally.
A break above $0.03012 invalidates the short thesis.
Will TUT retrace deeper from here?
On the 15M chart, $TUT rallied sharply from the $0.027 area toward $0.029, but the move is now showing rejection around $0.0287–$0.0290. If sellers maintain control, the recent consolidation could unwind toward lower support.
$TUT — SHORT
Entry: $0.02868
TP1: $0.02750
TP2: $0.02650
TP3: $0.02569
SL: $0.03012
Why this setup? Price is rejecting the upper range after an aggressive rally.
A break above $0.03012 invalidates the short thesis.
Will TUT retrace deeper from here?
