The LAB strategy we shared earlier has already taken profit this round. A sudden move has appeared, but we need to confirm whether it’s a genuine breakout first. $TUT This rebound looks somewhat strong, but both the 4-hour and 1-hour charts are still below the moving averages. I’m hesitant to lean bullish until the price gets back above them. Take a look at the 15-minute ADX: sellers are still driving the move, and volume hasn’t shown signs of a reversal.
The daily chart is ranging, sure, but several short-term signals are pointing down. In this kind of setup, a rebound into the resistance zone looks more like an opportunity for bears. What we need to watch is whether the price gets pushed back down after moving higher. If it does, the trade is on track. There’s always a risk of a rebound, but until the structure turns, the odds favor further downside.
🔴 Trade direction: Short
📍 Entry range: 0.0176423 – 0.0176909
🛑 Stop loss: 0.0181570
🎯 Take profit 1: 0.0172987
🎯 Take profit 2: 0.0170535
🎯 Take profit 3: 0.0166857
There’s no need to chase the wind; it will come to rest in its own time.
Stand alongside Sister Li, and let every moment leave an echo.
#TUT
Click below to trade 👇
The daily chart is ranging, sure, but several short-term signals are pointing down. In this kind of setup, a rebound into the resistance zone looks more like an opportunity for bears. What we need to watch is whether the price gets pushed back down after moving higher. If it does, the trade is on track. There’s always a risk of a rebound, but until the structure turns, the odds favor further downside.
🔴 Trade direction: Short
📍 Entry range: 0.0176423 – 0.0176909
🛑 Stop loss: 0.0181570
🎯 Take profit 1: 0.0172987
🎯 Take profit 2: 0.0170535
🎯 Take profit 3: 0.0166857
There’s no need to chase the wind; it will come to rest in its own time.
Stand alongside Sister Li, and let every moment leave an echo.
#TUT
Click below to trade 👇