$TUT /USDT is currently trading at $0.04851, reflecting an increase of 28.98% in the last 24 hours. The price has tested a high of $0.05550 and a low of $0.03703 during this.
Current Price and Performance:
Price: $0.04851 (+28.98%)
24h High: $0.05550
24h Low: $0.03703
24h Volume (TUT): 1.84B
24h Volume (USDT): 81.19M
Technical Summary:
Support Zone: Strong support near $0.04600, with additional support around $0.04300.
Resistance Levels: The next resistance is around $0.05000, followed by $0.05500.
Stochastic RSI: 2.19, indicating that the asset is significantly oversold.
Mastoch RSI: 16.00, suggesting a potential upward move if buying interest increases.
Trading Strategy:
Entry Zone: Potential entry near $0.04600 to $0.04700 for a rebound.
Target Levels: Initial target near $0.05000, with extended targets around $0.05200 and $0.05500.
Stop Loss: Below $0.04500 to mitigate downside risk.
Market Sentiment:
Order Book Sentiment: Buy orders dominate at 54.70%, indicating a slight bullish trend.
#Volume Analysis: Strong buying pressure with significant volume, indicating ongoing upward momentum.
TUT/USDT has shown strong upward momentum and is approaching key resistance levels. Traders may consider entering near the support zone with a tight stop to target the next resistance areas.
