The USDT pair/$TUT is pressing against a key resistance level with a movement of +1.14% and increasing trading volume, indicating an upward trend. If the price maintains a level above $0.05750 or breaks the $0.05850 level with momentum, it is likely to see a short-term rise towards $0.06200. Ideal for swing traders monitoring trading volume and structure.
Entry price (Adventurous): $0.05750 - $0.05800
Entry price (Conservative): $0.05500 - $0.05600
Take profit price 1: $0.05950
Take profit price 2: $0.06050
Take profit price 3: $0.06200
Stop loss: $0.05350
Risk management: The risk ratio ranges between 0.5% and 1% of capital. Use limit orders due to low liquidity and avoid slippage near the resistance level. Trade here 👉🏻 $TUT