$TUT BOUNCES BACK FROM LOWS – BREAKOUT OR JUST A BREATHER?
$TUT is trading at 0.02894, recovering from the daily low of 0.02769 after dropping nearly -12%. Volume is holding steady at 1.713M, and price is pushing into a key resistance range on the 15-minute chart.
Key Support & Resistance Levels:
• Resistance:
• 0.02903 – Immediate intraday resistance
• 0.02950 – Next breakout target if momentum builds
• Support:
• 0.02857 – Near-term support zone
• 0.02769 – Daily low and key risk level
Trade Setup – Short-Term Bounce Opportunity:
• Entry Zone: 0.02885 – 0.02895
• TP1: 0.02903
• TP2: 0.02950
• Stop-Loss: Below 0.02857
TUT is showing signs of strength after forming a higher low, with a balanced order book (Buy: 50.86%). A clean push above 0.02903 could open up a short-term run to 0.02950, but if buyers fail to hold 0.02857, expect another dip.