$TUT I am sideways and mildly bullish on tut. why? well read the analysis below based on recent order book and depth chart:(Be mindful that order book and depth chart changes fast so things may not be exactly same when you read this post):
1. Depth‐Chart:
Bid : Ask ratio is now roughly 56 : 44 (versus nearly 90 : 10 before).
Depth cliffs: there’s a sharp drop in resting bids below $0.06135, and a corresponding cliff on the ask side above $0.06137.
This tells us that most of the supply/demand interest has compressed into a very narrow band, so price is likely to chop between those levels until one side breaks first.
2. Immediate Support Levels
1. $0.06135 – the best bid (841 TUT) sits here as today’s “first line of defense.”
2. $0.06132–0.06131 – another ~100 TUT at 0.06132 and ~8 K TUT at 0.06131.
3. $0.06127– a deeper wall of 165 K TUT resting here; if price drops through 0.06131, this is your strong floor.
4. $0.05930- a solid support could be here. If prices can hold here, a bounce back is possible.
5. Short-Term Price Outlook
Likely range over the next few hours: $0.06127 → $0.06140
Bias:Neutral–slightly bullish, since bids are defending $0.06127 fiercely, but the ask side is also well-stocked up to $0.06160.
What to watch: If bids hold at 0.06127–0.06131 and volume picks up, you could sweep through the 0.06137–0.06141 asks and rally back toward the 24 h high (0.0631).
If bids crack below 0.06127 on heavier selling, the path opens for a drop back toward the next floor at ~$0.05950 and 0.05935.
Bottom Line:TUT is stubbornly stuck in a tight band around $0.0613. In the very short term, expect more sideways to mildly bullish movement as long as those sub-cent bids stay in place. A clean break above the $0.06140–0.06160 cluster would be your trigger for a leg up; a failure there or a breach of the 0.06127 floor tilts the risk back toward $0.05935 which is a strong support level.
$TRUMP $BANANAS31
1. Depth‐Chart:
Bid : Ask ratio is now roughly 56 : 44 (versus nearly 90 : 10 before).
Depth cliffs: there’s a sharp drop in resting bids below $0.06135, and a corresponding cliff on the ask side above $0.06137.
This tells us that most of the supply/demand interest has compressed into a very narrow band, so price is likely to chop between those levels until one side breaks first.
2. Immediate Support Levels
1. $0.06135 – the best bid (841 TUT) sits here as today’s “first line of defense.”
2. $0.06132–0.06131 – another ~100 TUT at 0.06132 and ~8 K TUT at 0.06131.
3. $0.06127– a deeper wall of 165 K TUT resting here; if price drops through 0.06131, this is your strong floor.
4. $0.05930- a solid support could be here. If prices can hold here, a bounce back is possible.
5. Short-Term Price Outlook
Likely range over the next few hours: $0.06127 → $0.06140
Bias:Neutral–slightly bullish, since bids are defending $0.06127 fiercely, but the ask side is also well-stocked up to $0.06160.
What to watch: If bids hold at 0.06127–0.06131 and volume picks up, you could sweep through the 0.06137–0.06141 asks and rally back toward the 24 h high (0.0631).
If bids crack below 0.06127 on heavier selling, the path opens for a drop back toward the next floor at ~$0.05950 and 0.05935.
Bottom Line:TUT is stubbornly stuck in a tight band around $0.0613. In the very short term, expect more sideways to mildly bullish movement as long as those sub-cent bids stay in place. A clean break above the $0.06140–0.06160 cluster would be your trigger for a leg up; a failure there or a breach of the 0.06127 floor tilts the risk back toward $0.05935 which is a strong support level.
$TRUMP $BANANAS31
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BANANAS31
0.012008
+15.78%
TUT
0.05969
+4.39%