📉 SHORT TRADE SETUP | $TUT
$TUT is trading near the 24H high at 0.04495 after a massive +61% move. Price is stretched and showing signs of resistance around the recent high, so a rejection could trigger a pullback.
🔻 Entry Zone: 0.04440 – 0.04490
🎯 TP1: 0.04230
🎯 TP2: 0.04010
🎯 TP3: 0.03910
🛑 Stop Loss: 0.04620
Analysis:
• Price is testing the 24H high/resistance zone
• Huge +61% daily move → high risk of profit-taking
• 15M chart is extended far above MA(25)
• A rejection below 0.0440 would strengthen the short setup
• If 0.04495 breaks and holds strongly, avoid the short
$TUT is trading near the 24H high at 0.04495 after a massive +61% move. Price is stretched and showing signs of resistance around the recent high, so a rejection could trigger a pullback.
🔻 Entry Zone: 0.04440 – 0.04490
🎯 TP1: 0.04230
🎯 TP2: 0.04010
🎯 TP3: 0.03910
🛑 Stop Loss: 0.04620
Analysis:
• Price is testing the 24H high/resistance zone
• Huge +61% daily move → high risk of profit-taking
• 15M chart is extended far above MA(25)
• A rejection below 0.0440 would strengthen the short setup
• If 0.04495 breaks and holds strongly, avoid the short