ā ļø $TUT /USDT ā Post-Pump Weakness Setting In! šš
Current Price: $0.05924 (+7.67%)
After a quick spike to $0.06248, $TUT is fading fast. The 30M chart shows a clear rejection with strong selling pressure stepping in. Consecutive red candles and a long upper wick signal bears taking control. A break below $0.059 could open the door for deeper downside.
š Short Trade Setup:
ā¢ Entry Zone: $0.05900 ā $0.05950
ā¢ TP1: $0.05740
ā¢ TP2: $0.05600
ā¢ TP3: $0.05400
ā¢ Stop Loss: $0.06080
š Technical View:
Bearish divergence and failure to hold above local highs suggest the pump was unsustainable. Structure now leans toward a retrace unless bulls regain strength fast.
ā ļø Risk Note:
Stick to stop loss levels strictly ā if price flips $0.061 with strength, this setup becomes invalid. Manage position size based on volatility.