📉 TUT down -11.48% while the rest of the market is green. That's a red flag worth watching.
When everything around it is rising and your coin is falling, that tells you something about where the money is flowing. Let's break down what's happening.
📊 The Setup:
• Daily change: -11.48% in a green market
• Volume: Only 40% of average — buyers are MIA
• 4H RSI: 43.5 — bearish momentum
• Trend: Strong downtrend on 4H
• Long/Short ratio: 1.48 — lots of longs trapped underwater
💡 Why This Trade?
Weak volume + downtrend + trapped longs = recipe for more pain. Those long positions at 1.48x ratio are underwater and may get liquidated if price drops further. I'm NOT looking to buy this. The only play here is a potential bounce trade if price hits major support.
📍 Trade Plan (bounce trade ONLY):
Entry Zone: $0.035 - $0.041 (at support only)
Stop Loss: $0.030 (strict — if support fails, exit immediately)
TP1: $0.0397
TP2: $0.0412
⚠️ This is a high-risk counter-trend play. Skip it unless you're experienced.
🤔 When a coin dumps in a green market, is that a buy signal or a warning? What do you think?
#TUT #CryptoTrading #DYOR
⚠️ Disclaimer: This is not financial advice. Counter-trend trading carries elevated risk. Always manage risk and do your own research.
When everything around it is rising and your coin is falling, that tells you something about where the money is flowing. Let's break down what's happening.
📊 The Setup:
• Daily change: -11.48% in a green market
• Volume: Only 40% of average — buyers are MIA
• 4H RSI: 43.5 — bearish momentum
• Trend: Strong downtrend on 4H
• Long/Short ratio: 1.48 — lots of longs trapped underwater
💡 Why This Trade?
Weak volume + downtrend + trapped longs = recipe for more pain. Those long positions at 1.48x ratio are underwater and may get liquidated if price drops further. I'm NOT looking to buy this. The only play here is a potential bounce trade if price hits major support.
📍 Trade Plan (bounce trade ONLY):
Entry Zone: $0.035 - $0.041 (at support only)
Stop Loss: $0.030 (strict — if support fails, exit immediately)
TP1: $0.0397
TP2: $0.0412
⚠️ This is a high-risk counter-trend play. Skip it unless you're experienced.
🤔 When a coin dumps in a green market, is that a buy signal or a warning? What do you think?
#TUT #CryptoTrading #DYOR
⚠️ Disclaimer: This is not financial advice. Counter-trend trading carries elevated risk. Always manage risk and do your own research.