Take a clear-eyed look at this high-odds setup: the daily chart structure for $TUT really doesn't leave the bulls much room. Price has been capped by the moving averages, and the four-hour rebound has come on declining volume. Don't be fooled by a short-term bounce—at this level, I'd rather wait for it to rebound toward the resistance zone before considering a short, instead of chasing the price.
Downside room is opening up step by step; acceleration only comes into play if key support breaks. We have to admit it's stronger than Bitcoin, so don't go in too heavy. Following the structure with a small position is a steadier approach.
🔴 Trade direction: Short
📍 Entry range: 0.0171508 – 0.0171960
🛑 Stop loss: 0.0177674
🎯 Take profit 1: 0.0167279
🎯 Take profit 2: 0.0164308
🎯 Take profit 3: 0.0159853
No need to chase the prevailing trend; it will stay as long as it does.
Stand alongside Sister Li, and let every moment leave an echo.
#TUT
Click below to trade 👇
Downside room is opening up step by step; acceleration only comes into play if key support breaks. We have to admit it's stronger than Bitcoin, so don't go in too heavy. Following the structure with a small position is a steadier approach.
🔴 Trade direction: Short
📍 Entry range: 0.0171508 – 0.0171960
🛑 Stop loss: 0.0177674
🎯 Take profit 1: 0.0167279
🎯 Take profit 2: 0.0164308
🎯 Take profit 3: 0.0159853
No need to chase the prevailing trend; it will stay as long as it does.
Stand alongside Sister Li, and let every moment leave an echo.
#TUT
Click below to trade 👇