Here’s a short-term technical evaluation:
Positive Signals (Bullish Potential):
EMA Cross:
Price is slightly above EMA(7) = 0.02691 and EMA(25) = 0.02754, suggesting an early bullish crossover.
MACD:
Weak but turning positive (MACD = 0.00020) — shows early signs of momentum shift upward.
RSI:
RSI(6): 60.34 — neutral-bullish.
RSI(12): 50.36 — recovering from oversold.
RSI(24): 40.75 — still has room to rise.
These indicate there’s potential for further upside.
Stochastic RSI:
77.82, rising from a recent dip — bullish signal for a possible short-term move.
Caution:
Price Action is still in recovery mode after a major drop (from $0.05800 to around $0.01261).
Resistance is likely near $0.030–$0.032; watch for rejection if price approaches that zone.
Conclusion:
Short-term Buy: Yes, but with caution. TUT is showing early bullish momentum after a base, and may rise if volume sustains.
Best Entry Range: $0.0270–$0.0280 (current price is fine for small entries).
Stop-Loss: Below recent support, around $0.0250
Take-Profit Targets:
TP1: $0.0305
TP2: $0.0325
TP3 (aggressive): $0.0380