TUT Just Dumped 15% — Flush or Breakdown? Here's the Setup 📉
$0.0485 and falling, with $50M in volume. The 4H RSI dropped to 46.8 (neutral territory), and the 4H chart shows a strong downtrend with price below both the 7-day ($0.0530) and 25-day ($0.0511) SMAs.
📊 Why This Trade?
Sharp drops with declining volume (0.57x ratio) often signal a flush — forced liquidations, not organic selling. The daily RSI at 51.1 is dead neutral. If this is a flush, the snap-back could be violent. If it's a real breakdown, the daily SMA99 at $0.0226 is the nuclear support.
🎯 Trade Plan (Long — Aggressive Counter-Trend)
• Entry: $0.0460 - $0.0510 (wait for stabilization)
• Stop: $0.0421 (below recent structure)
• TP1: $0.0504 | TP2: $0.0524 | TP3: $0.0543
• Risk/Reward: 1.3R on TP3
⚠️ This is a counter-trend trade — high risk, smaller position. Only enter if you see volume spike on reversal candles.
Would you catch this knife or wait for confirmation? 👇
#TUT #CryptoTrading #DYOR
⚠️ Not financial advice. Always DYOR and manage your risk.
$0.0485 and falling, with $50M in volume. The 4H RSI dropped to 46.8 (neutral territory), and the 4H chart shows a strong downtrend with price below both the 7-day ($0.0530) and 25-day ($0.0511) SMAs.
📊 Why This Trade?
Sharp drops with declining volume (0.57x ratio) often signal a flush — forced liquidations, not organic selling. The daily RSI at 51.1 is dead neutral. If this is a flush, the snap-back could be violent. If it's a real breakdown, the daily SMA99 at $0.0226 is the nuclear support.
🎯 Trade Plan (Long — Aggressive Counter-Trend)
• Entry: $0.0460 - $0.0510 (wait for stabilization)
• Stop: $0.0421 (below recent structure)
• TP1: $0.0504 | TP2: $0.0524 | TP3: $0.0543
• Risk/Reward: 1.3R on TP3
⚠️ This is a counter-trend trade — high risk, smaller position. Only enter if you see volume spike on reversal candles.
Would you catch this knife or wait for confirmation? 👇
#TUT #CryptoTrading #DYOR
⚠️ Not financial advice. Always DYOR and manage your risk.