$TUT Technical Analysis TUT/USDT: Looking for a bottom in a key zone? 📊
The TUT/USDT pair is going through a compression phase after the sharp correction from its August highs (0.3056). Let’s review the technical structure across key timeframes:
** Macro View (4H):**
Trading around $0.0257, the price is consolidating near its historical origin zones.
The StochRSI on the 4H sits at a neutral level (~51.2), signaling a slowdown in macro selling pressure, but still awaiting a clear reversal trigger.
** Intermediate Structure (1H):**
We maintain a clear consolidation range between local support at $0.0225 and upper resistance at $0.0298.
On the 1H chart, momentum indicators are showing recovery from oversold levels, suggesting the possibility of a technical bounce toward the upper part of the range.
** Order Flow and Books (15M):**
We can see the formation of higher lows from the $0.02249 floor.
The order book shows concentration on the supply side (~61.6%), with notable sell walls near the psychological $0.0300 level.
Levels to Watch:
🎯 Resistance: $0.0299 - $0.0300
🛡️ Key Support: $0.0225
Will we see a breakout of the $0.030 resistance to look for a structure change, or will the sideways range continue?
#Crypto #BinanceSquare #TechnicalAnalysis #TUTUSDT #Altcoins
The TUT/USDT pair is going through a compression phase after the sharp correction from its August highs (0.3056). Let’s review the technical structure across key timeframes:
** Macro View (4H):**
Trading around $0.0257, the price is consolidating near its historical origin zones.
The StochRSI on the 4H sits at a neutral level (~51.2), signaling a slowdown in macro selling pressure, but still awaiting a clear reversal trigger.
** Intermediate Structure (1H):**
We maintain a clear consolidation range between local support at $0.0225 and upper resistance at $0.0298.
On the 1H chart, momentum indicators are showing recovery from oversold levels, suggesting the possibility of a technical bounce toward the upper part of the range.
** Order Flow and Books (15M):**
We can see the formation of higher lows from the $0.02249 floor.
The order book shows concentration on the supply side (~61.6%), with notable sell walls near the psychological $0.0300 level.
Levels to Watch:
🎯 Resistance: $0.0299 - $0.0300
🛡️ Key Support: $0.0225
Will we see a breakout of the $0.030 resistance to look for a structure change, or will the sideways range continue?
#Crypto #BinanceSquare #TechnicalAnalysis #TUTUSDT #Altcoins
