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🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
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Your fa
#TUT This chart shows the *TUT/USDT* trading pair with a strong *uptrend*. Here's a detailed breakdown for both *long* and *short* scenarios:
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*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
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*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.
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*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.
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*Recommendation:*
- *Don't FOMO.* Let the price stabilize.
- If holding long from lower levels (like0.07), consider partial profit.