$TUT Bounce then sell short only! The massive rejection from $0.33733 shows that sellers are still in control, and the price is now falling aggressively toward the previous support around $0.03658.
The main idea is simple: buyers may try to create a relief bounce from this area, but if that bounce gets rejected, selling pressure can return quickly. The market is still weak, and chasing a long here could be risky.
Watch the $0.03658 level closely. If the previous bottom breaks with strong selling volume, the downside move may accelerate toward lower liquidity zones.
Wait for the bounce and rejection, then sell short. If $0.03658 breaks cleanly, the bearish move could continue.
The main idea is simple: buyers may try to create a relief bounce from this area, but if that bounce gets rejected, selling pressure can return quickly. The market is still weak, and chasing a long here could be risky.
Watch the $0.03658 level closely. If the previous bottom breaks with strong selling volume, the downside move may accelerate toward lower liquidity zones.
Wait for the bounce and rejection, then sell short. If $0.03658 breaks cleanly, the bearish move could continue.