#TradingPsychology Bullish Momentum with strong Green CandlešŸ’„

Current Price: $0.02709

⚔The price of #TUTUSDT has risen sharply, starting from $0.02401 USDT and reaching a high of $0.02712 USDT, showing a 10.75% increase in the last 24 hours.

⚔Resistance Zone:

The price is facing resistance at $0.02712 USDT, highlighted by the yellow box. Sellers are active at this level, causing a slight pullback.

⚔Support Zone:

but

The 24-hour low of $0.02401 USDT acts as a support level, where buyers might step in.

⚔Volume Insight:

The 24-hour trading volume is $234.76 million TUT, indicating strong market activity.

šŸ‘‰Trade Setup Possibilities:

Breakout Trade (Bullish Bias):

šŸ‘‰Entry (Buy): Above $0.02720 USDT after a confirmed breakout with strong volume.

šŸ’¢Stop Loss: Below $0.02650 USDT.

šŸ‘‡Take Profit Targets:

šŸŽÆTP1: $0.02800 USDT

šŸŽÆTP2: $0.02900 USDT (if momentum continues).

Rejection Trade (Bearish Bias):

šŸ‘‰Entry (Sell): If the price gets rejected at $0.02712 USDT.

šŸ’¢Stop Loss: Above $0.02720 USDT.

šŸ‘‡Take Profit Targets:

šŸŽÆTP1: $0.02550 USDT

šŸŽÆTP2: $0.02450 USDT (closer to support levels).

#TUTUSDTā™»ļø is in an uptrend but is currently facing resistance at **0.02712 USDT**. A breakout above this level could lead to further bullish gains, while rejection might trigger a pullback. Watching for volume confirmation is crucial to decide the next move.

Disclaimer: #DYOR*