$TUT /USDT Technical Analysis: Monitoring Bearish Trend with Caution
Current Price Overview
Price: $0.03667 (-19.86%)
24h High: $0.04804
24h Low: $0.03626
Key Levels
Resistance: $0.03713 and $0.03936
Support: $0.03626 and $0.03600
Long Position Setup
Entry: Above $0.03713
TP1: $0.03850
TP2: $0.03936
SL: $0.03626
Short Position Setup
Entry: Below $0.03626
TP1: $0.03600
TP2: $0.03540
SL: $0.03713
Summary
TUT/USDT is currently exhibiting strong bearish momentum after hitting a low of $0.03626. A breakout above $0.03713 could signal a bullish reversal, while a break below $0.03626 may confirm further downside. Traders should maintain strict risk management strategies when considering long or short positions.