$TUT /USDT – Potential Reversal Zone Identified
TUT is currently hovering near the intraday support zone of $0.03330 after a gradual decline from its recent local high of $0.03474. Price action on the 15-minute chart shows multiple wicks near this level, suggesting buyers may be defending this range.
Technical Snapshot:
• Current Price: $0.03330
• Support Zone: $0.03300–$0.03320
• Resistance Levels: $0.03400 and $0.03470
• 24h Range: $0.03191 (low) to $0.03474 (high)
Trading Outlook:
A bounce from this level may lead to a short-term recovery toward $0.03400 or higher. However, a break below $0.03300 with volume could invalidate the setup and signal further downside.
Pro Tip for Traders:
Wait for bullish confirmation—such as a 15-minute candle closing above $0.03360—before considering long entries. If volume increases near support, the reversal could trigger quickly. Use tight risk controls in volatile zones.
