đš $TUT is absolutely flying.
Tutorial (TUT) is currently around $0.17, up more than 200% in 24 hours. The chart shows a textbook momentum explosion: price went from roughly $0.05 to $0.33 at the peak, while volume exploded. After that spike, TUT pulled back and is now consolidating around $0.17.
đ„ What triggered it?
One of the clearest catalysts was the listing of TUT perpetuals on Aster with up to 5x leverage on August 6. The new derivatives market brought a wave of speculative liquidity and contributed to a short squeeze.
đ My view:
The trend is extremely bullish, but TUT is already heavily extended. Buying at $0.17 after a 200%+ move is dangerous. The chart is showing profit-taking after the $0.337 spike, so I would rather wait for support to form.
đą TUT â LONG (on pullback)
đ° Entry: 0.145â0.155
âïž Margin: Cross
đŻ Take Profits:
đ„ 0.185
đ„ 0.220
đ„ 0.260
đ Leverage: 5xâ8x
đ Stop Loss: 0.135
đĄ Comment: If TUT reclaims $0.20 with strong volume, another attack on $0.25â0.33 becomes possible. But losing $0.14 would weaken the setup considerably and could send the price toward deeper support. After a move like this, donât chase the candle â wait for the market to give you an entry.
#TUT #Binance #futures #crypto #Trading
Tutorial (TUT) is currently around $0.17, up more than 200% in 24 hours. The chart shows a textbook momentum explosion: price went from roughly $0.05 to $0.33 at the peak, while volume exploded. After that spike, TUT pulled back and is now consolidating around $0.17.
đ„ What triggered it?
One of the clearest catalysts was the listing of TUT perpetuals on Aster with up to 5x leverage on August 6. The new derivatives market brought a wave of speculative liquidity and contributed to a short squeeze.
đ My view:
The trend is extremely bullish, but TUT is already heavily extended. Buying at $0.17 after a 200%+ move is dangerous. The chart is showing profit-taking after the $0.337 spike, so I would rather wait for support to form.
đą TUT â LONG (on pullback)
đ° Entry: 0.145â0.155
âïž Margin: Cross
đŻ Take Profits:
đ„ 0.185
đ„ 0.220
đ„ 0.260
đ Leverage: 5xâ8x
đ Stop Loss: 0.135
đĄ Comment: If TUT reclaims $0.20 with strong volume, another attack on $0.25â0.33 becomes possible. But losing $0.14 would weaken the setup considerably and could send the price toward deeper support. After a move like this, donât chase the candle â wait for the market to give you an entry.
#TUT #Binance #futures #crypto #Trading