Price is hovering near a key reaction area with sellers starting to show interest. If this level holds, downside could open up toward the targets. $BMT and $ONG both pushing higher 🔺
$TUT Short – First Target Hit, Bearish Momentum Builds.
Price has already secured our initial profit level and continues to push lower with increasing momentum. The bearish structure is intact, and selling pressure remains strong.
Holding for additional targets is justified here, as the move shows no signs of slowing. Maintaining discipline with a trailing stop protects gains while allowing the trade to capture further downside.
Sellers are positioning for a clear trend reversal and the downside breakout looks imminent. Momentum is shifting hard and price could drop fast from here.
Sellers dumped hard but price is now sitting at extreme lows where buyers are starting to load up. A recovery pump could be brewing as momentum shifts back to the upside.