$TUT Showing Signs of a Bounce – Can Bulls Take Over?

Price Update: is trading at 0.02841, down -28.83% in the past 24 hours.

Intraday High: 0.04300

Intraday Low: 0.02470

🔎 Market Context

After a steep sell-off earlier today, $TUT is showing short-term recovery attempts from its intraday low at 0.02470. The 24h trading volume stands at 49.73M USDT / 1.57B TUT, suggesting decent participation.

The sharp crash seems volume-driven liquidation, but the recent bounce indicates momentum shifting back to buyers trying to defend critical support.

📉 Key Levels

Support Zone: 0.02470 – 0.02500

Resistance Zone: 0.02920 – 0.03220

📊 Trend Check

Short-term: Neutral to slightly bullish (bounce attempt underway).

Mid-term: Bearish (losses over the last 7–30 days remain heavy).

Long-term: Weak, with -67% in 7 days & -57% in 30 days, signaling the token is still under strong sell pressure despite a +21% move in 180 days.

💡 Trade Idea

If $TUT holds above 0.0275, buyers could push toward 0.0292–0.0322 resistance.

If fails to hold 0.0270, expect another dip to 0.0247 or lower, retesting recent lows.

✅ Possible Trade Setup

Buy Opportunity: Short-term only if it sustains above 0.0275 with strong volume confirmation.

Sell Opportunity: If rejection happens again near 0.0292–0.0300 zone, a pullback trade back toward support is likely.

📌 Current Bias: CAUTIOUS BUY (scalp/short-term) – bears still control the broader trend, but intraday recovery attempts give buyers a short window for upside plays.