$TUT Pulls Back After Wild Spike – Reaccumulation or Fakeout?
TUT/USDT is currently trading at $0.02723, showing signs of stabilization after a sharp pump-and-dump spike toward $0.03421. Volume has drastically cooled off, and price is holding a narrow range just above key support.
Key Levels to Watch:
• Resistance: $0.02860 – A breakout above this could target $0.03080 and $0.03350.
• Support: $0.02710 – A breakdown may trigger further downside toward $0.02580 and $0.02450.
Trade Setup – Volatile Zone with Potential Breakout Reversal
Bullish Scenario:
• Entry: On a confirmed breakout above $0.02860
• TP1: $0.03080
• TP2: $0.03350
Bearish Scenario:
• Entry: On a breakdown below $0.02710
• TP1: $0.02580
• TP2: $0.02450
Stop-Loss: Use a tight stop near the base of current consolidation to limit losses during unpredictable wicks.