Short $TUT /USDT: We expect the price to drop
Bias: Short · Strong
Entry: 0.0216043 – 0.0217157
TP1: 0.0209085 (-3.5%)
TP2: 0.0204074 (-5.8%)
TP3: 0.0196559 (-9.3%)
SL: 0.0226621 (+4.6%)
Plan: Enter only within the range, take half at TP1, then move the stop to the entry price.
TUT is far too far from its short-term average.
Why short? Strong signal, 6/12 alignment, 1 against, 5 undecided.
• 4h direction: Price < EMA50 < EMA200, bearish stacking → bearish swing direction
• 1h direction: Price < EMA50 < EMA200, bearish stacking → short-term trend is bearish
• Trend strength (ADX/DI, 15m): ADX 43.9 with sellers in control (DI+ 12.6 vs DI− 29.9) → sellers are driving the move
Risks: Distance from EMA50 on 1h: -3.3 ATR from EMA50 on 1h, overextended with a pullback likely → price fell far from its average, so a rebound is likely

The price on 1h is -3.3 ATR below EMA50 on 1h, so a rebound is likely. The 4h trend shows price below the stacked EMA averages, meaning the swing trend is bearish.
What is the stop-loss level if you take this short position?
Chart with all the levels below.
$TUT
#TUT