$TUT : A solid accumulation platform waiting for the breakout
Market Price: Trading around 0.0115 USD, with signals for an expanded range and starting to push above the short-term EMA cluster after several weeks of sideways action.
Structure: Very healthy as volume is steadily increasing, Funding Rate remains neutral, and OI is low, indicating that the market isn't in an excessive FOMO state yet.
Liquidations: Pretty balanced with a Long cluster at 0.010 USD and a Short cluster concentrated around 0.012 – 0.013 USD.
Scenario: As long as we successfully breakout past the resistance at 0.012 USD, the price will target 0.014 – 0.015 USD. If we lose the 0.01 USD mark, we'll likely revisit the bottom at 0.0085 USD.
Market Price: Trading around 0.0115 USD, with signals for an expanded range and starting to push above the short-term EMA cluster after several weeks of sideways action.
Structure: Very healthy as volume is steadily increasing, Funding Rate remains neutral, and OI is low, indicating that the market isn't in an excessive FOMO state yet.
Liquidations: Pretty balanced with a Long cluster at 0.010 USD and a Short cluster concentrated around 0.012 – 0.013 USD.
Scenario: As long as we successfully breakout past the resistance at 0.012 USD, the price will target 0.014 – 0.015 USD. If we lose the 0.01 USD mark, we'll likely revisit the bottom at 0.0085 USD.