💡 Quick Technical Analysis:
✅ Continuous rocket ascent! From a low of 0.03510 USDT to a daily peak of 0.05979 USDT (around +70%), with a series of higher highs and lows on the 2-hour frame; revealing a strong trend in favor of buyers.
✅ RSI (6) = 82.2 – in the overbought zone par excellence. The upward momentum remains dominant, but any slowdown in volume could lead to a short correction before a new wave.
✅ MACD is strongly positive; the DIF and DEA lines are diverging, and the histogram is widening, reflecting increasing buying pressure and the potential for continued upward movement.
📊 Trading volume is steadily rising with every major green candle; staying above 0.050 USDT has boosted confidence in forming solid support paving the way for later breakouts.
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🚀 Expected Scenario:
If the price successfully breaks the short resistance of 0.0600 – 0.0610 USDT with a clear close, we might see a rapid surge towards:
1. 0.065 USDT
2. 0.072 USDT
3. Looking broader, there is a possibility of testing 0.085 USDT in the medium term if the momentum and enthusiasm around the coin continue.
In the case of a downward correction, then:
0.0501 USDT represents the first dynamic support (a healthy 'retest' area).
Breaking 0.0444 USDT may require revisiting the range of 0.039 – 0.035 USDT, where the previous low was built.
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🔥 Is TUT ready to soar more?!
Overbought means that today's rise was fierce, but as long as the volume remains high and the price stays above 0.050 USDT, any new liquidity push could turn the current resistance into a launching pad for unprecedented levels! 🚀
📢 Share your opinion! Do you see TUT surpassing 0.07 USDT soon? 👇
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📌 Important Tips (not investment advice):
🔹 Monitor RSI exhaustion signals and correction possibilities; taking advantage of dips to build gradual positions may be safer.
🔹 Follow the expansion of the MACD histogram; its contraction may precede short profit-taking.
🔹 Set clear profit and stop-loss targets, and don't let emotions drive your trades – especially with low-value coins that have high volatility.