$TUT It rises 17%, but volume shrinks 44%... Are we facing a liquidity trap or the start of a real wave? ๐
Price at $0.02974 reached new highs on the 15-minute chart, but the volume ratio of 0.56 indicates a decline in genuine buyer interest. The current breakout lacks the momentum needed for sustainability, increasing the likelihood of a rapid technical correction toward prior demand zones around $0.026โ$0.027 before any new directional decision.
Most likely scenario: a healthy corrective bounce that tests the broken support and turns it into resistance, while monitoring the RSI for an exit from overbought zones. A break below $0.025 opens the door for a deeper drop.
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$TUT
This content is not investment adviceโdo your own research (DYOR)
Price at $0.02974 reached new highs on the 15-minute chart, but the volume ratio of 0.56 indicates a decline in genuine buyer interest. The current breakout lacks the momentum needed for sustainability, increasing the likelihood of a rapid technical correction toward prior demand zones around $0.026โ$0.027 before any new directional decision.
Most likely scenario: a healthy corrective bounce that tests the broken support and turns it into resistance, while monitoring the RSI for an exit from overbought zones. A break below $0.025 opens the door for a deeper drop.
Follow us for deeper analyses and real-time market coverage ๐
$TUT
This content is not investment adviceโdo your own research (DYOR)
