This short trade setup for **
$TUT /USDT** suggests a potential downside opportunity after a rejection at the **$0.06250** resistance level. Here’s a breakdown of the trade and key considerations:
### **Trade Summary:**
- **Entry Zone:** **$0.06140 – $0.06180** (short on retest of resistance or breakdown confirmation)
- **Take-Profit Levels:**
- **TP1:** $0.06020 (first support)
- **TP2:** $0.05900 (next key level)
- **TP3:** $0.05750 (stronger downside target)
- **Stop Loss:** **$0.06280** (above recent swing high)
### **Confirmation & Execution:**
- ✅ **Wait for a 1H candle close below $0.06100** to confirm bearish momentum.
- 📉 **Declining volume on pullbacks & increasing sell-side volume** would strengthen the bearish case.
- 🔍 **Watch for lower highs (LH) and lower lows (LL)** to confirm the downtrend structure.
### **Risk Management:**
- ⚠️ **Tight SL is crucial**—if price reclaims $0.06280, the bearish structure may be invalidated.
- 🧐 **Partial profits at TP1 & TP2** to secure gains while letting a runner target TP3.
### **Alternative Scenario (Invalidation):**
- If **
$TUT breaks and holds above $0.06280**, the short thesis weakens, and a retest of higher resistance ($0.06350+) becomes possible.
#TUTCIONE #BinanceAlphaAlert $TUT