#TUT This chart shows the *TUT/USDT* trading pair with a strong *uptrend*. Here's a detailed breakdown for both *long* and *short* scenarios:



---

*Chart Details (TUT/USDT):*
- *Current Price:* 0.15683
- *24h High:*0.18675
- *24h Low:* 0.07034
- *Change:* +122.86
- *Volume (TUT):* 84.97M
- *Trend:* Strong bullish



*LONG Position (Buy expecting price to rise):*

*Ideal when:*
- Market is in a strong uptrend (as seen here).
- You're expecting the price to continue rising above0.18675 (next breakout).
- Volume is high and momentum is strong.

*Current scenario:*
- If entering long now, it’s *risky*, because price has already surged over *+120%*.
- Best to *wait for pullback* to support (like 0.12–0.13 zone).
- Use *stop-loss* below0.12.

---

*SHORT Position (Sell expecting price to fall):*

*Ideal when:*
- You think the price has peaked and will now drop.
- Candle shows rejection from highs (e.g. long upper wick).
- RSI/indicators are overbought.

*Current scenario:*
- Shorting here can be considered *only if reversal signs* show.
- Safe short entry might be near resistance zone: 0.18–0.19.
- Use *stop-loss* above 0.19.



*Recommendation:*
- *Don't FOMO.* Let the price stabilize.
- If holding long from lower levels (like0.07), consider partial profit.
TUT-2.22%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)