$TUT Navigating Consolidation Phase
The TUT/USDT pair is currently trading at 0.03301 USDT, showing a marginal increase of 0.03% in the last 24 hours. The 15-minute chart indicates a consolidation phase with key support at 0.03250 and resistance at 0.03295. This report provides a detailed analysis for traders looking to capitalize on potential price movements.
Technical Analysis:
Support Levels:
Primary Support: 0.03250 USDT
Secondary Support: 0.03200 USDT
Resistance Levels:
Primary Resistance: 0.03295 USDT
Secondary Resistance: 0.03308 USDT
Bullish Scenario:
Entry Point: Above 0.03300 USDT
Target 1: 0.03320 USDT
Target 2: 0.03350 USDT
Stop Loss: 0.03280 USDT
Bearish Scenario:
Entry Point: Below 0.03250 USDT
Target 1: 0.03220 USDT
Target 2: 0.03200 USDT
Stop Loss: 0.03270 USDT
Always use proper risk management techniques, such as setting stop losses and take profits.
Monitor the market closely for any significant news or events that could impact the price of TUT/USDT.