🚀 TUT/USDT 2H — Bullish Recovery Testing Breakout Zone
TUT is trading around $0.06246 after gaining nearly 28% in 24 hours. Price is holding above EMA(7) at $0.05662, EMA(25) at $0.05257, EMA(99) at $0.05000 and MA(44) at $0.05260, confirming a strong bullish recovery. The major visible chart high is $0.08282, while the visible low is $0.02934. The immediate resistance is the 24-hour high at $0.06458, while the displayed 63.89% sell-side pressure increases the rejection risk.
Trade Setup: A confirmed 2H close above $0.06460 followed by a successful retest can activate a long setup, targeting $0.06850, $0.07370 and $0.08280, with stop loss below $0.05880. If TUT is rejected and closes below EMA(7) support at $0.05660, a short setup may target $0.05260, $0.05000 and $0.04840, with stop loss above $0.06050. Wait for confirmation instead of chasing the current rally.
#TUT #TUTUSDT #CryptoTrading #BinanceSquare
TUT is trading around $0.06246 after gaining nearly 28% in 24 hours. Price is holding above EMA(7) at $0.05662, EMA(25) at $0.05257, EMA(99) at $0.05000 and MA(44) at $0.05260, confirming a strong bullish recovery. The major visible chart high is $0.08282, while the visible low is $0.02934. The immediate resistance is the 24-hour high at $0.06458, while the displayed 63.89% sell-side pressure increases the rejection risk.
Trade Setup: A confirmed 2H close above $0.06460 followed by a successful retest can activate a long setup, targeting $0.06850, $0.07370 and $0.08280, with stop loss below $0.05880. If TUT is rejected and closes below EMA(7) support at $0.05660, a short setup may target $0.05260, $0.05000 and $0.04840, with stop loss above $0.06050. Wait for confirmation instead of chasing the current rally.
#TUT #TUTUSDT #CryptoTrading #BinanceSquare
