⚠️ $TUT /USDT Technical Report ⚠️

$TUT just suffered a sharp crash, plunging from its recent high of 0.06900 straight down to 0.05957 in a single brutal red candle, wiping out earlier gains. Current price is hovering at 0.05979, down -6.23% on the day.

Price Action: That massive sell-off candle signals strong selling pressure and possibly stop-loss cascades. Buyers tried to step in near 0.05957, but recovery has stalled, creating sideways candles with no momentum.

Moving Averages:

MA(7) at 0.05985 is flat and acting as immediate resistance.

MA(25) at 0.06411 and MA(99) at 0.06159 are now overhead, showing the coin has slipped under key averages — a bearish signal.

Volume: Over 140M TUT traded in 24h shows heavy activity, but the red volume spike confirms that sellers were in control of the move.

Support & Resistance:

Support: 0.05950 is the critical floor. A break below could push TUT toward 0.05700–0.05500.

Resistance: First test is 0.06160 (MA99), then 0.06400 (MA25). Until bulls reclaim these, upside looks capped.

Trend Outlook: Currently bearish. The violent dump flipped the structure, and momentum is weak. Bulls need a strong bounce above 0.062–0.064 to regain confidence.

Verdict: $TUT is in a bearish phase short term. Right now it’s best for scalpers and short-sellers who thrive on volatility. Safer traders may want to wait for confirmation of a bounce above resistance before entering.

This chart screams caution — TUT isn’t in breakout mode, it’s in survival mode.