🚨 Attention, traders! 🚨 $TUT /USDT is on fire with a rally of +27.39% in the last 24 hours, rising from 0.02230 to 0.02875! It seems that the bulls have entered strongly, but beware of the manipulation that usually accompanies these explosive movements.
The volume has increased, which supports this momentum, but volatility is high. The 7-period moving average (MA(7): 0.02829) is very close to the current price, indicating strong bullish momentum in the short term. However, let's not lose sight of the MA(99): 0.02433; if the price corrects, this could be a key support zone.
The order book shows robust demand at 0.02872, with 66.25% of the supply, but the supply at 0.02875 is the barrier to overcome! If we manage to break and consolidate above that level, we could see new highs in the short term.
Patience and risk management are crucial here. Don't let FOMO take over! We might see a pullback to seek liquidity before a new push. HODL wisely!
