Long Long LongThis is just the beginning, I think this currency could very quickly and easily break its previous high and then prepare for an alt-season climb to reach $1.
TUTUSDT.P trade ideas
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$TUT's impressive 230% surge from $0.01592 faces a pullback after hitting $0.04073-$0.04342 resistance. Now, it's heading towards crucial $0.03248 support. A bounce here is vital. A break above $0.04073-$0.04342 targets $0.05042 resistance. Watch $0.03248 for support; $0.05042 if resistance breaks.
Resistance zone: $0.04342- $0.04073
Support price: $0.03248
Support zone 1: $0.02731- $0.02545
Support zone 2: $0.01595- $0.01486
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Happy Trading!!
TUT/USDT โ Short Opportunity Ahead?Weโre spotting a potential short setup as TUT BINANCE:TUTUSDT.P approaches a key support level with increasing selling pressure.
๐ Market Recap & Why This Looks Bearish:
Strong rejection from the $0.0498 - $0.0525 resistance zone.
Price failed to hold momentum and is grinding lower.
Support at $0.0372 - $0.0369 is being tested again โ multiple retests weaken the level, making a breakdown likely.
๐ Short Setup & Targets:
๐ป Entry: Below $0.0372 (after confirmation of breakdown)
๐ป Targets:
$0.0328 (first TP)
$0.0287 (strong support)
$0.0229 - $0.0250 (final TP for full breakdown)
๐น Stop Loss: Above $0.0400 (to avoid a liquidity grab)
๐ฏ Trade Scenario:
1๏ธโฃ If $0.0372 breaks, we enter short for $0.0328+ targets.
2๏ธโฃ If price bounces off support, we wait for a better re-entry on the next rejection.
3๏ธโฃ Fakeouts possible! Watch for a liquidity grab before confirmation.
โ ๏ธ Final Thoughts
Bearish Bias โ Sellers are in control unless we see strong bullish reaction.
Patience is Key โ Wait for a clear breakdown before entering.
Manage Risk! โ Use proper stop-loss & donโt overleverage.
๐ Follow for more setups!
๐ฌ Are you shorting this? Drop your thoughts below! ๐
TUTUSDT CHART ANALYSฤฐS - EDUCATIONAL POSTHow NFT Technology Developed
NFT technology was created in 2017 based on Ethereum smart contracts. Since then, we have witnessed many successful NFT projects and deals. Stories like these perfectly describe the current and future possibilities of the technology.
The development of blockchain technology and the emergence of NFT services coincided with other processes in society and the economy. Many new players appeared in the stock markets, including non-professional traders and amateur investors.
The democratization of financial markets coincided with the pandemic: being in self-isolation, alone with their devices, many people began to pay attention to new financial instruments.
The information that arose around them also played a specific role in the โrevivalโ of NFTs. The big names in the news headlines supporting NFTs couldnโt help but draw attention to them.
That is one of the reasons why the success of the technology was inevitable.
Will the Classic Formation Repeat ?Hey friends, here's the next analysis for today on #TUTUSDT.P. Lately, I believe this classic pattern weโre familiar with will repeat itself, just like it has with other coins. ๐๐
The price initially makes a sharp correction, pulling back to the Fibo 0.382 level ๐. At this point, it finds strong buyers and pushes itself back up. During the decline, it tests the lower point of a small double top it broke earlier, then rebounds and, as it approaches the 0.382 level, it finds strong buyers again, preventing the price from dropping further. It creates the impression of a double bottom during the drop and rise. Then, the price breaks the neckline of the double bottom pattern and hangs around there for a while before the inevitable sharp drop with large bearish candles. ๐๐ฅ
Weโve pretty much memorized this formation by now, right? ๐
Iโll leave you with that, and now Iโm off to sleep! ๐ด
#TUTUSDT.P is looking like it's following the same path again. Therefore, I recommend getting into positions gradually. The price should first reach around the $0.040 level, then push towards $0.048-0.049, where it will likely make a final stop loss hunt ๐ช. I think itโs a great position with a 1:3 risk ratio! ๐ฐ
By the way, due to the Funding Rate situation, I recommend not opening a short position and going to sleep ๐ค. Also, keep leverage at a minimum and pay attention to the Funding Rate "tax hours." โณ
Stay green, friends! ๐๐
Manage your risk, stay in the game! ๐ฏ๐ฅ
#AlyAnaliz #TradeSmart #CryptoVision #TUTUSDT #Binanciega
TUT ANALYSIS (1H)It seems that wave A has completed, and this token has entered wave B, which is bearish. The wave B structure appears to be symmetrical.
In the green zone, the price may sweep the liquidity pool and bounce upward.
Targets are marked on the chart. A 4-hour candle closing below the invalidation level will invalidate this analysis.
invalidation level: 0.015680$
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LIMIT ORDER - TUT/USDTLIMIT ORDER - $TUT/USDT
Direction: #Long ๐ข
Entry Price: 0.02494
Stop Loss: 0.020896
Target 1: 0.028031
Target 2: 0.031122
Target 3: 0.034213
Target 4: 0.037304
Target 5: 0.040395
#TUTUSDT.P | Is the Drop Deepening?#TUTUSDT.P
Looking at the chart, I expect the price to hover within a range for a while before making sharp downward moves. As shown in the visual, I anticipate the price to fluctuate between $0.043 - $0.038, then break the $0.037 - $0.037 levels and quickly test $0.032 and $0.027 levels.
However, before the major drop, I believe the price will give us another opportunity to enter a short position. Therefore, I have set my short position target at $0.038 after opening it at $0.043.
May our trades be profitable, friends! ๐๐๐ฐ๐โกโณ
Manage your risk, stay in the game! ๐ฏ๐ฅ
#AlyAnaliz #TradeSmart #CryptoVision #TUTUSDT #Binanciega
