$TUT is under serious selling pressure
The chart is turning ugly fast.
#Tutorial is now around $0.116, down nearly 28% today, with RSI deeply weak and MACD still pointing south.
The first target Iβm watching is $0.10.
Lose that cleanly, and $0.09 could come quickly β potentially within the next few hours if sellers keep pressing.
And if this selling pressure continues , I wouldn't be surprised to see $0.04β$0.05 tested in this week .
For traders looking for a safer short entry, Iβd rather wait for a bounce into $0.13β$0.145 and watch how price reacts there.
π΄ STOPLOSS : $0.15β$0.16, depending on your risk tolerance.
No need to chase the red candles.
Let the bounce come to you.
When sellers control the rhythm, patience becomes the trade.
The chart is turning ugly fast.
#Tutorial is now around $0.116, down nearly 28% today, with RSI deeply weak and MACD still pointing south.
The first target Iβm watching is $0.10.
Lose that cleanly, and $0.09 could come quickly β potentially within the next few hours if sellers keep pressing.
And if this selling pressure continues , I wouldn't be surprised to see $0.04β$0.05 tested in this week .
For traders looking for a safer short entry, Iβd rather wait for a bounce into $0.13β$0.145 and watch how price reacts there.
π΄ STOPLOSS : $0.15β$0.16, depending on your risk tolerance.
No need to chase the red candles.
Let the bounce come to you.
When sellers control the rhythm, patience becomes the trade.
$TUT price action has been extremely volatile, with whales and insiders potentially having a major influence on short-term moves.
So instead of forcing a complicated setup, I'm keeping the key levels simple.
Right now, #Tutorial is in a consolidation zone.
π΄ Resistance: $0.0493β$0.0508
π’ Support: $0.043β$0.042
β’Bullish scenario
A clean breakout and hold above $0.051 could open the door for:
π― $0.053β$0.055
π― $0.060β$0.065
π― $0.080
The important part is sustaining above $0.051, not just a quick wick above it.
π» Bearish scenario
If $0.042 breaks and sellers gain control:
β οΈ $0.038 β $0.030 could come quickly.
And if selling pressure becomes aggressive, a move below $0.010 can't be ruled out.
For now, I'm watching the $0.042β$0.051 range closely.
Breakout above β bullish expansion π
Breakdown below β deeper correction π»
With a coin this volatile, don't blindly chase either direction. Wait for confirmation and manage risk accordingly.
So instead of forcing a complicated setup, I'm keeping the key levels simple.
Right now, #Tutorial is in a consolidation zone.
π΄ Resistance: $0.0493β$0.0508
π’ Support: $0.043β$0.042
β’Bullish scenario
A clean breakout and hold above $0.051 could open the door for:
π― $0.053β$0.055
π― $0.060β$0.065
π― $0.080
The important part is sustaining above $0.051, not just a quick wick above it.
π» Bearish scenario
If $0.042 breaks and sellers gain control:
β οΈ $0.038 β $0.030 could come quickly.
And if selling pressure becomes aggressive, a move below $0.010 can't be ruled out.
For now, I'm watching the $0.042β$0.051 range closely.
Breakout above β bullish expansion π
Breakdown below β deeper correction π»
With a coin this volatile, don't blindly chase either direction. Wait for confirmation and manage risk accordingly.
β€βπ₯2π1