$TUT – Breakout or Breakdown? Watch This Level Closely!
The price action on $TUT is getting tight! After multiple rejections near $0.02758, the pair has just slipped below the mid-range at $0.02719. Bears are stepping in — and if momentum continues, the next major support sits at $0.02644.
This looks like a potential short scalp setup as the market leans bearish on the lower timeframes.
Short Trade Setup:
• Entry: $0.02714
• TP: $0.02644
• SL: $0.02758
Pro Tip: If price breaks and closes below $0.02700 with volume, expect stronger downside pressure. Be ready to trail your stop to secure profits!