Here is your professional technical analysis post for the given chart:
$TUT USDT BULLISH MOMENTUM IGNITED – CAN THIS MINI PUMP TURN INTO A BREAKOUT?
After consolidating near the 0.06061 low, $TUTUSDT has bounced strongly above the short-term MA levels, reclaiming the 0.06200 zone with increasing buying pressure. Price is now above MA(25) and MA(99), indicating a short-term trend reversal.
📊 Key Levels:
Resistance: $0.06550 and $0.07200 (local high)
Support: $0.06061 (recent low) and $0.05834 (24h low)
Current Price: $0.06203
💹 Trade Setup (Long):
Entry: $0.06180 – $0.06250
Targets:
TP1: $0.06550
TP2: $0.06800
TP3: $0.07200
Stop Loss: $0.06030
📈 Market Outlook: Momentum is building with higher lows on the 15m chart and MA crossovers favouring bulls. A clean break above $0.06550 may trigger rapid upside towards $0.07200.
⚠️ Risk Management: Always use stop loss and allocate only 1-2% of capital per trade to manage sudden volatility.
#Crypto #TUTUSDT #Breakout #Scalp #TradingSetup
buy and trade here on $TUT
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