The Setup (SHORT $TUT):

• Entry Zone: $0.1930 – $0.2050

• Invalidation / Stop Loss: $0.2250

• Target 🎯 1: $0.1700

• Target 🎯 2: $0.1480

• Target 🎯 3: $0.1200

The Market Narrative:

After an explosive parabolic surge spiking up to $0.3056,$TUT is showing clear signs of structural exhaustion and aggressive distribution. Heavy profit-taking and massive upper wick rejections near $0.245 indicate that sellers are firmly capping every bounce attempt.

The Technical Breakdown:

On the 1-hour chart, TUT printed a definitive lower high near $0.245 following its vertical blow-off peak. The subsequent downside acceleration via large red expansion candles confirms a shift in short-term momentum, breaking below local horizontal demand and turning former support levels into immediate overhead resistance.

Given the lack of sustained buying volume following the parabolic move, price action is heavily favored for a deeper mean-reversion move toward lower liquidity pools. A relief retest into the $0.193–$0.205 zone provides an optimal high-probability entry for a short, targeting $0.170 and the structural baseline around $0.148 down to $0.120, provided $0.225 invalidation holds.

Do you think $TUT can defend the $0.18 local level, or are we dumping straight down to sub-$0.15 support? Let me know your predictions below! 👇

#cryptotrading $TUT #altcoins #TechnicalAnalysis

Disclaimer: This is for educational purposes only and is not investment advice. Always do your own research and manage your risk.