$TUT Trade Setup: Possible Long (Buy) Momentum Trade

$TUT has surged +31.14%, showing strong bullish momentum. The price is currently consolidating after a big move up, suggesting a possible continuation.

Entry Zone:

Ideal entry between $0.0450 – $0.0485 (current level).

Stop Loss:

$0.0400 (below recent support).

Support Levels:

First support: $0.0430 (near MA(7), possible retest zone).

Second support: $0.0370 (previous low).

Resistance Levels:

First resistance: $0.0505 (small pullback zone).

Second resistance: $0.0555 (24H high, breakout level).

Major resistance: $0.0600 (strong psychological level).

Take Profit Targets:

Target 1: $0.0505 (short-term breakout).

Target 2: $0.0555 (key level to watch).

Target 3: $0.0600 (if momentum continues).

Technical Justification:

Strong uptrend with high volume suggests continued buying pressure.

MA(7) at $0.0439 could act as a dynamic support level.

A break above $0.0505 could push TUT higher toward $0.0600.

Alternative Bearish Scenario:

If TUT drops below $0.0400, expect further downside to $0.0370 or lower.