$TUT – READY FOR A REVERSAL? BUYERS DEFENDING KEY SUPPORT

STRONG REJECTION FROM $0.05944

POTENTIAL DOUBLE-BOTTOM FORMING NEAR RANGE LOWS

$TUT has been consolidating with choppy movement, but today’s wick down to $0.05944 followed by a bounce signals strong demand at the lower range. The current candle shows a shift in momentum, hinting at a possible short-term reversal from oversold conditions.

Trade Setup:

Long Entry: $0.05960 – $0.05980

Target 1: $0.06030

Target 2: $0.06080

Stop Loss: Below $0.05920

If buyers hold this support zone and volume increases, could make another attempt toward recent highs. Watch for confirmation through follow-through green candles.

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