$TUT /USDT (Tutorial token) on the 1-hour chart from Binance, here's a quick technical breakdown:
๐ TUT/USDT Snapshot
Current Price (C): $0.02977
High (H): $0.02979
Low (L): $0.02949
Change: +0.00011 (+0.37%)
๐งฎ Moving Averages (SMA)
MA 7: Not clearly listed, but short-term trend looks slightly bullish
MA 25: $0.02852 โ Price is above this, showing short-term uptrend strength
MA 99: $0.02625 โ Price well above this, confirming longer-term bullish structure
๐ Support & Resistance Zones (from depth levels)
Immediate resistance: Likely around $0.03100 โ $0.03200
Stronger resistance: $0.03500โ$0.03600
Key support: Near $0.02800โ$0.02850, then $0.02500
๐ Technical Insight
With price trading above both the 25 and 99 SMA, and a slight uptick in short-term movement, this could suggest bullish momentum building.
Watch for volume confirmation and a potential break above $0.031, which could open the path to the $0.035+ range.
Would you like a visual chart with Fibonacci retracement or RSI/MACD analysis added?
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