TUT, RUNE & KMNO — Steep Drawdowns With No Buyers in Sight
Tutorial's TUT has been one of the sharpest fallers on the board recently, down more than 30% in a single session and trading near $0.040 versus its all-time high around $0.249, a roughly 84% drawdown that leaves the chart in genuinely extreme bearish territory, and unless bulls can reclaim the $0.05 shelf that flipped from support to resistance during the breakdown, the path of least resistance points toward a retest of the $0.032–$0.035 zone where the token last found any real buying interest; a bounce here would only start to look credible on a close back above $0.05 with rising volume. THORChain's RUNE tells a similar story on a much larger scale, trading around $0.48–$0.50 against an all-time high near $20.87–$21.35, meaning the token is sitting roughly 97–98% below its cycle peak, and after a double-digit daily decline the next levels to watch on the downside are $0.40 and then the psychologically important $0.30 zone, with any recovery attempt needing to reclaim $0.55–$0.60 before the bearish structure can even begin to be questioned. Kamino's KMNO rounds out this trio, trading near $0.017–$0.03 depending on the exact session versus an all-time high around $0.2478, an roughly 87–93% collapse from its December 2024 peak, and with token unlocks continuing to add fresh supply pressure, the next downside level to watch is the $0.015 zone that has repeatedly acted as a floor, while any meaningful reversal would first need a reclaim of $0.022–$0.025 on stronger volume than the market has shown in recent weeks.
$TUT
$RUNE
$KMNO
Tutorial's TUT has been one of the sharpest fallers on the board recently, down more than 30% in a single session and trading near $0.040 versus its all-time high around $0.249, a roughly 84% drawdown that leaves the chart in genuinely extreme bearish territory, and unless bulls can reclaim the $0.05 shelf that flipped from support to resistance during the breakdown, the path of least resistance points toward a retest of the $0.032–$0.035 zone where the token last found any real buying interest; a bounce here would only start to look credible on a close back above $0.05 with rising volume. THORChain's RUNE tells a similar story on a much larger scale, trading around $0.48–$0.50 against an all-time high near $20.87–$21.35, meaning the token is sitting roughly 97–98% below its cycle peak, and after a double-digit daily decline the next levels to watch on the downside are $0.40 and then the psychologically important $0.30 zone, with any recovery attempt needing to reclaim $0.55–$0.60 before the bearish structure can even begin to be questioned. Kamino's KMNO rounds out this trio, trading near $0.017–$0.03 depending on the exact session versus an all-time high around $0.2478, an roughly 87–93% collapse from its December 2024 peak, and with token unlocks continuing to add fresh supply pressure, the next downside level to watch is the $0.015 zone that has repeatedly acted as a floor, while any meaningful reversal would first need a reclaim of $0.022–$0.025 on stronger volume than the market has shown in recent weeks.
$TUT
$RUNE
$KMNO