$TUT – Fresh Breakdown After Fakeout Rejection! 📉⚠️
$TUT just confirmed a bearish reversal after a classic fakeout above the resistance zone around $0.02748. The price briefly spiked to test liquidity but quickly dropped back, showing strong selling pressure. The bearish engulfing pattern followed by consecutive red candles signals increased momentum to the downside.
Trade Insight:
After a failed breakout attempt, the price has now retested the breakdown zone and is heading lower. With sellers stepping in, a drop toward $0.02550 looks highly probable if the downtrend holds.
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