$TUT is down 18.2% in 24 hours, and the last 15m candle traded at 0.39x its own 20-candle average volume.
That combination is the story. Price fell hard, then stopped falling, but almost nobody showed up for the stop. A floor made of absent sellers is not the same as a floor made of buyers.
0.0782 is where $TUT is decided right now, with 19 measured touches on the 15m. Above it sits 0.1017, touched 27 times, the level that capped the last rally. Below, 0.06495 has held 10 times, and losing it hands the tape back to a 1h structure already stacked 9<21<50 at 12.1% of its range.
The uncomfortable part: 1h ATR is 13.24%. A level three percent away is noise on a chart that moves like this. Most people will treat 0.0782 as a decision when the tape can cross it twice in an hour.
$BTC is not doing any of this. The majors are grinding sideways, and 48.9M of 24h volume says this unwind is still a small crowd, not the market.
Which do you trust more here, the 19 touches or the 0.39x volume that just tested them?
#MarketSentimentToday #WhaleMovements
Analysis, not financial advice.
That combination is the story. Price fell hard, then stopped falling, but almost nobody showed up for the stop. A floor made of absent sellers is not the same as a floor made of buyers.
0.0782 is where $TUT is decided right now, with 19 measured touches on the 15m. Above it sits 0.1017, touched 27 times, the level that capped the last rally. Below, 0.06495 has held 10 times, and losing it hands the tape back to a 1h structure already stacked 9<21<50 at 12.1% of its range.
The uncomfortable part: 1h ATR is 13.24%. A level three percent away is noise on a chart that moves like this. Most people will treat 0.0782 as a decision when the tape can cross it twice in an hour.
$BTC is not doing any of this. The majors are grinding sideways, and 48.9M of 24h volume says this unwind is still a small crowd, not the market.
Which do you trust more here, the 19 touches or the 0.39x volume that just tested them?
#MarketSentimentToday #WhaleMovements
Analysis, not financial advice.