$TUT /USDT SHORT TRADE SIGNAL
Trade Setup:
* Entry: $0.090 - $0.092
* TP1: $0.085
* TP2: $0.078
* SL: $0.095
Short Outlook of Market:
The chart clearly shows a strong bearish trend after a significant pump. The price has consistently been below the 7-period moving average, and both the 7-period and 25-period MAs are trending downwards, indicating a sustained downtrend. Volume has been decreasing on the recent downward candles, which suggests that selling pressure might be losing momentum, but the overall trend remains bearish. The price is currently at a critical support level provided by the 99-period moving average; a break below this could lead to further declines.
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