$TUT has experienced a sharp intraday drop beneath its MA60 ($0.07810), reaching a local low at $0.07649 before printing a minor relief bounce. The market structure remains under short-term bearish pressure, with MACD in negative territory. High-leverage long positions below $0.07700 risk further liquidation cascades if price fails to reclaim the MA60 dynamic resistance.
🎯 Trade Setup
Direction:
SHORT
Entry Zone
$0.07750 – $0.07810
Take Profit 1
$0.07620
Take Profit 2
$0.07450
Take Profit 3
$0.07200
Stop Loss
$0.07920
Risk : Reward
1:2.4
Trade Type
Intraday
$TUT