🚨 TUT Under Heavy Selling Pressure – Is More Downside Coming?
TUT is facing a challenging market situation! 📉
Over the last 24 hours, TUT dropped 5.42%, falling from $0.01948 to around $0.01782 as strong selling pressure and capital outflows hit the market.
🔍 What's happening with TUT?
🔴 More than $190K in net capital outflows increased selling pressure.
📉 Price dropped below the 7, 25, and 99 EMAs, showing a weak technical structure.
⚠️ MACD turned negative, while trading volume surged to 731K USDT.
🎮 Concerns about high in-game token emissions are also creating uncertainty among investors.
My Market Take 👇
TUT needs to regain the $0.01861 area to show signs of recovery. Until buyers return with stronger volume, the bearish trend deserves attention.
A short-term bounce is possible, but chasing a falling price without confirmation can be risky.
💬 What do you think?
Will TUT recover from this dip, or are we going to see another leg down?
Let's discuss below! 👇
#TUT #CryptoMarketWatch #BinanceSquareFamily #Altcoins👀🚀 #cryptotrading
TUT is facing a challenging market situation! 📉
Over the last 24 hours, TUT dropped 5.42%, falling from $0.01948 to around $0.01782 as strong selling pressure and capital outflows hit the market.
🔍 What's happening with TUT?
🔴 More than $190K in net capital outflows increased selling pressure.
📉 Price dropped below the 7, 25, and 99 EMAs, showing a weak technical structure.
⚠️ MACD turned negative, while trading volume surged to 731K USDT.
🎮 Concerns about high in-game token emissions are also creating uncertainty among investors.
My Market Take 👇
TUT needs to regain the $0.01861 area to show signs of recovery. Until buyers return with stronger volume, the bearish trend deserves attention.
A short-term bounce is possible, but chasing a falling price without confirmation can be risky.
💬 What do you think?
Will TUT recover from this dip, or are we going to see another leg down?
Let's discuss below! 👇
#TUT #CryptoMarketWatch #BinanceSquareFamily #Altcoins👀🚀 #cryptotrading