$TUT USDT Bearish Reversal Signal After Sharp Rise 🔴
$TUT USDT has seen a strong increase of over 20%, peaking at 0.05439, but the presence of a sharp upper wick and a sudden bearish candle indicates exhaustion. The price failed to hold above 0.052, suggesting a potential local top and setting up for a decline or correction in the short term.
📉 Trade Setup – Short Sell Signal
Entry Point: 0.05050 – 0.05150
Stop Loss: 0.05450
Take Profit:
→ TP1: 0.04700
→ TP2: 0.04450
→ TP3: 0.04200
Margin: 2–3% of portfolio
Leverage: 10x
Market Outlook:
Momentum is fading on lower time frames. The long upper wick and sudden drop indicate aggressive seller entry. Caution is advised for long positions.$TUT