Descending Trendline Compression and Base Defense: $TUT
4-Hour Breakdown
Following a high-velocity expansion toward the $0.2500 peak,$TUT entered a deep multi-week distribution and mean-reversion phase that retraced the entirety of the initial run. Price action has now transitioned from aggressive selling into a defined volatility compression structure, trading near $0.05199 with localized buyers stepping in on the 4-hour timeframe.
#ETH #BTC #crypto
4-Hour Breakdown
Following a high-velocity expansion toward the $0.2500 peak,$TUT entered a deep multi-week distribution and mean-reversion phase that retraced the entirety of the initial run. Price action has now transitioned from aggressive selling into a defined volatility compression structure, trading near $0.05199 with localized buyers stepping in on the 4-hour timeframe.
#ETH #BTC #crypto