⚠️ TUTUSDT 2H Critical Support Analysis
TUTUSDT remains in a broader bearish structure after falling heavily from the $0.18150 chart high. Price formed a major low at $0.02846 and later recovered toward $0.05448, but the latest rejection has pushed it back to $0.03683. The $0.03620 area is now the key short-term support.
Long Setup: A confirmed 2H candle close above $0.04000 could signal renewed recovery toward $0.04529, $0.05000 and $0.05448. Stop-loss should be placed below $0.03550.
Short Setup: A confirmed 2H candle close below $0.03620 could extend the decline toward $0.03300, $0.03000 and $0.02846. Stop-loss should be placed above $0.03830.
The broader trend remains weak, so avoid entering a long before clear confirmation. Use low leverage because TUTUSDT can produce sudden and aggressive price movements.
#TUTUSDT #TUT #BinanceFutures #cryptotrading #TradingAnalysis
TUTUSDT remains in a broader bearish structure after falling heavily from the $0.18150 chart high. Price formed a major low at $0.02846 and later recovered toward $0.05448, but the latest rejection has pushed it back to $0.03683. The $0.03620 area is now the key short-term support.
Long Setup: A confirmed 2H candle close above $0.04000 could signal renewed recovery toward $0.04529, $0.05000 and $0.05448. Stop-loss should be placed below $0.03550.
Short Setup: A confirmed 2H candle close below $0.03620 could extend the decline toward $0.03300, $0.03000 and $0.02846. Stop-loss should be placed above $0.03830.
The broader trend remains weak, so avoid entering a long before clear confirmation. Use low leverage because TUTUSDT can produce sudden and aggressive price movements.
#TUTUSDT #TUT #BinanceFutures #cryptotrading #TradingAnalysis