$TUT is up around 60% today, and I’m already seeing people expecting it to reclaim $0.30 again.
Honestly, I don’t see that as a reasonable assumption without a strong catalyst.
I’m not saying $0.30 is impossible. But ask yourself: what is the fundamental or technical reason it should return there?
The move from $0.30 down to $0.02 was brutal. A 99%+ drawdown followed by a relatively small rebound doesn’t automatically mean the original trend has reversed.
Yes, the broader market has performed well, and TUT is benefiting from that momentum. But that doesn’t mean it can simply return to $0.30 within a day.
Personally, even if TUT reaches $1, I wouldn’t put my money into it without understanding the supply dynamics, liquidity, and who controls the market.$TUT
