Mashallah, an excellent analysis

Analysis used on the four-hour and daily time frame #TUTUSDT♻️ $TUT

🔰 According to classical analysis, we see the formation of a higher low than the previous low, which is our first positive signal.

🔰 We also notice a significant consolidation in the price in the area of
0.02710
This is considered a very important support ‼️ and the beginning of the formation of reversal candles on the daily frame suggests an upcoming rise as well.

🔰 There is also a positive divergence on the RSI indicator and we also have a positive MACD.

🔰 We have a very important resistance area that needs to be broken and sustained above it, which is the area of
0.02938
Breaking this area and sustaining above it will open the way for a rise to the first target in the area of
0.03800✅

Also, breaking this area, I expect it to return to its peak again, God willing, in the areas of
✅0.04900
✅0.05000

❌ It is important not to break the upward trend and close two daily candles below the previous low in the areas of
0.02300 #BinanceAlphaAlert #binance