$TUT next 24 hours: heavy while resistance caps it
Capped below: 0.03164
Downside path: 0.02969 then 0.02825
Invalidated above: 0.03721
TUT in the next 24 hours: the base case and the spoiler
TUT is at 0.03113, down 14.4% over the last 24 hours.
The trend is down and bounces keep getting sold.
While 0.03164 caps the bounces, pressure points to those targets. Reclaiming 0.03721 squeezes shorts and flips the picture.
The cone widens because uncertainty widens. That is the honest way to draw it.
Trade TUT: spot https://www.binance.com/en/trade/TUT_USDT | futures https://www.binance.com/en/futures/TUTUSDT
$TUT #TUT #Write2Earn #MarketAnalysis #ChartAnalysis
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
Capped below: 0.03164
Downside path: 0.02969 then 0.02825
Invalidated above: 0.03721
TUT in the next 24 hours: the base case and the spoiler
TUT is at 0.03113, down 14.4% over the last 24 hours.
The trend is down and bounces keep getting sold.
While 0.03164 caps the bounces, pressure points to those targets. Reclaiming 0.03721 squeezes shorts and flips the picture.
The cone widens because uncertainty widens. That is the honest way to draw it.
Trade TUT: spot https://www.binance.com/en/trade/TUT_USDT | futures https://www.binance.com/en/futures/TUTUSDT
$TUT #TUT #Write2Earn #MarketAnalysis #ChartAnalysis
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
