TUT is still grinding lower despite the bounce.

🔮 SHORT $TUT /USDT: expecting price to go DOWN
Bias: SHORT · Leaning

Entry: 0.0221026 – 0.0221374
TP1: 0.0218457 (-1.2%)
TP2: 0.0216629 (-2.1%)
TP3: 0.0213886 (-3.3%)
SL: 0.0224857 (+1.7%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.

Why SHORT? Leaning call, 5/12 signals agree, 1 against, 6 undecided.
‱ 4h trend: price < EMA50 < EMA200, bearish stack → the swing trend is down
‱ 1h trend: price < EMA50 < EMA200, bearish stack → the short-term trend is down
‱ 4h RSI: 42.2, bearish momentum (below 45) → sellers have the momentum
Risk: RSI extreme in a range: RSI z-score −2.93 in a range, bounce setup → bottom of a range, buyers often step in

Plan A:
If sellers hold, the 1h price breaks the recent low and targets the first profit zone, guided by the 4h trend (price below EMA50 and EMA200, bearish stack).

Plan B (invalidation):
A sharp rally back above the entry invalidates the short and proves buyers stepped in hard at the range floor.

Where do you set your first target on TUT if this setup fails?

Chart with every level below.

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