TUT dropped 18.8% on DECLINING volume — that's the detail everyone's missing.
At $0.0395, TUT is in a strong 4H downtrend. But volume ratio is only 0.66x — sellers are exhausting, not accelerating. When price drops on shrinking volume, the flush may be closer to done than the headline suggests.
The Setup:
- 4H RSI at 38.5 — approaching oversold
- Daily RSI at 48.2 — neutral, bigger picture intact
- SMA99 at $0.0228 — price still 73% above long-term avg
- L/S ratio at 1.18 — not extreme
The daily trend was bearish BEFORE today. This -18.8% is continuation, not a new breakdown. With declining volume, aggressive selling may be ending.
Trade Plan (FADE THE FLUSH):
Entry: $0.0370 - $0.0419
Stop Loss: $0.0331
TP1: $0.0410 | TP2: $0.0426 | TP3: $0.0442
Confidence: 88% — R:R is 0.2, scalp only
This is a mean-reversion bet, not a buy-the-dip on a strong coin. Size accordingly.
Fading the dump or sitting this one out?
#TUT #CryptoTrading #DYOR
Not financial advice. Downtrend trades carry higher risk. Always DYOR.
At $0.0395, TUT is in a strong 4H downtrend. But volume ratio is only 0.66x — sellers are exhausting, not accelerating. When price drops on shrinking volume, the flush may be closer to done than the headline suggests.
The Setup:
- 4H RSI at 38.5 — approaching oversold
- Daily RSI at 48.2 — neutral, bigger picture intact
- SMA99 at $0.0228 — price still 73% above long-term avg
- L/S ratio at 1.18 — not extreme
The daily trend was bearish BEFORE today. This -18.8% is continuation, not a new breakdown. With declining volume, aggressive selling may be ending.
Trade Plan (FADE THE FLUSH):
Entry: $0.0370 - $0.0419
Stop Loss: $0.0331
TP1: $0.0410 | TP2: $0.0426 | TP3: $0.0442
Confidence: 88% — R:R is 0.2, scalp only
This is a mean-reversion bet, not a buy-the-dip on a strong coin. Size accordingly.
Fading the dump or sitting this one out?
#TUT #CryptoTrading #DYOR
Not financial advice. Downtrend trades carry higher risk. Always DYOR.