$TUT Here’s a SMC-style market structure analysis of TUT/USDT perpetual on the 2‑hour timeframe 📊:
1. Market Structure (Higher & Lower Highs/Lows) 🔍
Recent swing low around $0.0329, then rally to $0.0346 (swing high), followed by a pullback → suggests a higher high (HH), but lower low (LL) hasn't occurred yet.
Price is currently consolidating between $0.0330–0.0340, forming potential range structure.
2. Order Blocks & Liquidity Zones
Bullish Order Block: Likely around the $0.0329 to $0.0332 zone (last swing low candle range) — a possible buying pocket.
Bearish Order Block: Around $0.0345–$0.0347 (recent liquidity grab runs into supply).
A clean break above $0.0347 could trigger a squeeze, capturing stop‑hunters above.
3. Key Levels to Watch
Support: $0.0329 (order block) → next: $0.0320 (previous structure).
Resistance: $0.0346–$0.0347 (supply), then $0.0360.
4. Structure Breaks & Scenarios
✅ Bullish Setup: If price breaks and closes above $0.0347, expect a shift toward HH above $0.0346, targeting $0.0360–$0.0370.
⚠️ Bearish Setup: A drop below $0.0329 invalidates bullish bias — look for lower lows to form. Possible target: $0.0310–$0.0300.
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5. Entry & Management Strategy
Long Entry: On 2‑hour candle close above $0.0347 with volume.
Stop: Below $0.0329.
Target: Partial at $0.0360, full at $0.0370.
Short Entry: If breakdown below $0.0329.
Stop: Above $0.0340.
Target: $0.0310 then $0.0300.
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🎯 Summary:
Market is in range — look for clear structure break for directional edge.
Preferred bias: Bullish above supply block ($0.0347); Bearish if support fails ($0.0329).
Use SMC rules: await a break of structure (BOS) and retest/liquidity grab for safer entries.