TUT/USDT Price Alert: Volatility Spikes

The TUT/USDT pair has experienced extreme price fluctuations, surging from $0.01261 to $0.05800 before sharply retracting to $0.02815, resulting in a -23.77% daily loss.

Current Market Setup:

Support: $0.02800

Resistance: $0.03500

Possible Trading Scenarios:

Long Setup (on confirmed bounce):

- TP1: $0.03300

- TP2: $0.03750

- SL: $0.02700

Short Setup (if breakdown continues):

- TP1: $0.02400

- TP2: $0.02000

- SL: $0.03050

Caution Advised:

This market is not suitable for inexperienced traders due to its high volatility. Wait for confirmation of a structural bounce before entering a trade. High volume indicates potential for another price surge if resistance is broken with momentum.