The stage is set for a big move, but the question remains: breakout or breakdown? 💰 Price: 0.06170 USDT (+0.80%)
TUT has been consolidating just under short-term resistance since its strong June rally. It's holding steady, but this sideways action is a *decision point*. Will it power through or fall back? 🤔
Technical Breakdown 🔍:
* MA7 & MA25 overlapped = total indecision in the air.
* Still trading above MA99 = structurally bullish for now.
* Wicky candles flashing caution ⚠️ — traders are uncertain, and potential trap zones are forming.
Resistance Levels 🎯:
* 0.06250 — The local range top is key. Break this, and the next move could be huge.
* 0.06600 — June spike high, testing new territory.
* 0.07200 — Extension breakout target — dreams of new highs!
Key Supports 🛡️:
* 0.06000 — That round psychological number could hold steady.
* 0.05850 — Previous breakout base — don’t lose sight of this.
* 0.05120 — MA99 long-term trend guardrail — bulls need this to stay strong.
⚖️ Verdict:
As long as the MA99 holds, bulls are still in control. But here's the thing: volume and follow-through are *critical* for any real upside. If we see a clean close above 0.06250, watch for that next big move.
⚠️ DYOR — Always trade responsibly and keep an eye on market volatility!
Are you ready to ride this wave or
sitting on the sidelines? 👀
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