$TUT /USDT SHORT TRADE SETUP
Entry: 0.02460 — 0.02480
TP1: 0.02400
TP2: 0.02320
TP3: 0.02240
Stop Loss: 0.02530
Reason:
• Price approaching local resistance zone around the recent swing high where strong selling pressure is expected.
• Bearish divergence signs developing on short-term momentum indicators following the rapid pump.
• Failure to sustain higher prices, indicated by consecutive upper rejection wicks on the 15m candles.
This post is for educational purposes only and is not financial advice.
Entry: 0.02460 — 0.02480
TP1: 0.02400
TP2: 0.02320
TP3: 0.02240
Stop Loss: 0.02530
Reason:
• Price approaching local resistance zone around the recent swing high where strong selling pressure is expected.
• Bearish divergence signs developing on short-term momentum indicators following the rapid pump.
• Failure to sustain higher prices, indicated by consecutive upper rejection wicks on the 15m candles.
This post is for educational purposes only and is not financial advice.