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TUT current quote is 0.01683, down 0.71% compared to the starting price. From a technical perspective, the upward trend has shown signs of fatigue, and after 5 K-line movements, it is facing an important test.
Regarding key levels, the support is at 0.01661, with resistance levels at 0.01683, 0.01738, and 0.01765. Notably, the trailing stop line at 0.01683 has been touched, indicating that risks are rapidly accumulating.
From an operational standpoint, the price is repeatedly testing near the critical trend line. Bulls need to stay highly alert—if the price can hold above 0.01683, consider taking a small position to participate in the rebound; but once it breaks below this level, stop-loss immediately, as the price may quickly drop to the support at 0.01661.
What is more concerning is that the MACD momentum has clearly weakened, and the upward driving force is severely lacking. If support is lost, the downside risk should not be underestimated.
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It's the same old story, light positions for a rebound... as a result, 99% of people are being played
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Support fails and it drops straight to 0.01661, this wave's rhythm is definitely a harvest trap
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I actually bought in at 0.01705 yesterday, now just waiting for the forced liquidation fate
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On-chain data has been declining for a while, but the technical folks are still deluding themselves
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Those who say "consider light positions," they've already decided to go all in in their minds
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MACD failure, those four words are enough, everything else is nonsense
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The moment 0.01683 was touched, I knew the show was about to start
Don't miss out, brother. Those still hesitating will regret it three years from now.
Honestly, risking a bottom with such weak MACD takes a strong mindset.
First-mover advantage is crucial. Those who understand have already taken light positions and are eating up the gains.
This is the true test of the market's trend and the believers' faith. If you can hold steady at 0.01683, you can turn things around.
Don't always focus on technical lines; the key is to understand the development logic of TUT, as I mentioned before.
Time waits for no one. Once the 0.01661 line is broken, it's basically over, and there will be no more chances.
I mentioned these kinds of opportunities three years ago. It's not too late to enter now, but you need to act quickly.
Is it a rebound or a continuation of the decline? Let's see today's performance.
MACD is already failing, and still hoping for more? Probably about to undergo a bloodbath.