🔥 FROM $0.337 TO $0.023! IS $TUT (TUTORIAL) AT THE BOTTOM OR STILL FALLING? 📉⚡
A harsh reality check for the $TUT /USDT (Perpetuals) chart structure. After reaching a peak of $0.33733, the token is undergoing a massive correction, with its price compressed at $0.02312 (-6.51%).
What do the data points at the bottom of the chart show?
💤 Trapped Below the Moving Averages: The price is trading below the EMA 7 ($0.02427), EMA 25 ($0.02500), and EMA 99 ($0.02615). This cluster of moving averages acts like a concrete ceiling, trapping the price in the short-term range.
📊 Volume Contracting: With $5.46M USDT (233.17M TUT) traded in the last 24 hours, the asset is holding within a narrow range between $0.02223 and $0.02473.
⚡ Oscillators in the Bull Zone: The KDJ shows J at 34.74 and K at 44.00, while the MACD (0.00031) is trying to print slight green bars, suggesting the brutal bleeding has given way to sideways movement.
🎯 Key Levels: A close above the EMA 7 ($0.02427) would give the bulls their first breathing room. If selling pressure returns, the historical floor awaits below at $0.01309.
Do you see $TUT building a bounce in this zone, or is it still heading for the bottom? 👇
#TUTUSDT #BinanceSquare #CryptoTrading #Perpetuals #Altcoins
A harsh reality check for the $TUT /USDT (Perpetuals) chart structure. After reaching a peak of $0.33733, the token is undergoing a massive correction, with its price compressed at $0.02312 (-6.51%).
What do the data points at the bottom of the chart show?
💤 Trapped Below the Moving Averages: The price is trading below the EMA 7 ($0.02427), EMA 25 ($0.02500), and EMA 99 ($0.02615). This cluster of moving averages acts like a concrete ceiling, trapping the price in the short-term range.
📊 Volume Contracting: With $5.46M USDT (233.17M TUT) traded in the last 24 hours, the asset is holding within a narrow range between $0.02223 and $0.02473.
⚡ Oscillators in the Bull Zone: The KDJ shows J at 34.74 and K at 44.00, while the MACD (0.00031) is trying to print slight green bars, suggesting the brutal bleeding has given way to sideways movement.
🎯 Key Levels: A close above the EMA 7 ($0.02427) would give the bulls their first breathing room. If selling pressure returns, the historical floor awaits below at $0.01309.
Do you see $TUT building a bounce in this zone, or is it still heading for the bottom? 👇
#TUTUSDT #BinanceSquare #CryptoTrading #Perpetuals #Altcoins