š $TUT /USDT (SPOT) ā Buy & Hold Setup
Momentum is building, big move loading soon š„
š $TUT /USDT ā Recent Price & Technical Analysis
š¹ Price Action
The price has made a strong bounce from the lower side of the descending channel
Now the price is very close to the upper trendline
The latest candle is impulsively bullish ā buyers have started to take control
š¹ Volume Analysis
There was a noticeable increase in volume on the breakout candle
If the next candles continue to close at high/average volume ā breakout confirmed
š¹ Market Structure
A short-term higher low has formed
The downtrend is weakening
šÆ Important Levels (Spot Hold View)
Immediate Resistance:
āø 0.0130 ā 0.0135
Breakout Confirmation:
āø Strong close above the descending trendline
Next Targets (Spot):
āø 0.0145
āø 0.0155
$TUT
