Deal for TUT Coin
To determine the best entry point for buying TUT/USDT, you need to monitor several technical factors before making a decision. Here are some important points:
1. Important support and resistance levels:
Strong support: 0.04030 (if the price stabilizes above this level, it is a good signal to buy).
Nearby resistance: 0.05028 and 0.05800 (if the price breaks through these levels, the upward trend may continue).
2. When is the ideal entry?
✅ Ideal buying entry:
If the price touches the support level of 0.04030 and stabilizes above it with reversal signals (such as bullish candles or an increase in volume).
If the price strongly breaks through the resistance of 0.046 – 0.050 with strong trading volume, indicating the continuation of the upward trend.
If the RSI indicator is below 40 and is approaching an upward movement, it may be a buying opportunity at a local bottom.
⚠️ Avoid buying in the following cases:
If the price clearly drops below 0.040, it may continue to decline.
If the price is close to strong resistance (like 0.050 – 0.058) and has not broken through it, it is better to wait for a correction.
3. Buying strategy:
You can buy gradually instead of entering a large amount all at once, such as buying 50% at 0.04030 and the rest upon confirmation of the upward trend.
Set a stop-loss below 0.038 in case of market reversal to protect against losses.
✦ Conclusion: The best entry point currently is if the price returns to 0.040 – 0.041 and stabilizes above it, or after a strong breakout of the level 0.046 – 0.050 with high trading volume.
