$TUT 🚨 Severe collapse of TUTUSDT: The sell (Short) trade is the strongest right now! 🐻🔥
The coin is down by more than 4% at 0.02348, and the data confirms complete control by the bears! 📉
Why sell? 🤔
· 🐳 Whales are getting rid of massive amounts (the sell ratio exceeds 80%).
· 📉 Price has broken all moving averages (EMA 20/50/200) and is approaching support at 0.02241.
· ⚠️ RSI indicator at 9 (extreme bearish oversold).
🎯 My sell plan (with strict risk management):
Do not enter a sell “immediately” from the bottom, as a technical bounce is possible due to the extreme RSI!
· Entry: wait for a mild rebound toward 0.0240 - 0.0242.
· Stop-loss: above 0.0250.
· Targets: take profit at 0.0224, then extend lower.
The coin is down by more than 4% at 0.02348, and the data confirms complete control by the bears! 📉
Why sell? 🤔
· 🐳 Whales are getting rid of massive amounts (the sell ratio exceeds 80%).
· 📉 Price has broken all moving averages (EMA 20/50/200) and is approaching support at 0.02241.
· ⚠️ RSI indicator at 9 (extreme bearish oversold).
🎯 My sell plan (with strict risk management):
Do not enter a sell “immediately” from the bottom, as a technical bounce is possible due to the extreme RSI!
· Entry: wait for a mild rebound toward 0.0240 - 0.0242.
· Stop-loss: above 0.0250.
· Targets: take profit at 0.0224, then extend lower.