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$TUT Showing strong breakout signals as the price escapes the accumulation zone and begins to accelerate with increasingly clear momentum 🚀
🔎 Trend Analysis
After a prolonged sideways phase, the price has decisively broken out of the important resistance zone. Consecutive bullish candles along with higher lows indicate that the buyers are currently in full control. The current momentum supports the continuation of the upward trend in the short term.
If the price remains above the newly formed support zone, there is a high likelihood of further upward extension to higher levels.
📌 LONG Trading Plan
⟶ Entry zone: 0.0122 – 0.0126
⛔ Stop loss (SL): 0.0114
🎯 Take profit (TP):
• TP1: 0.0135
• TP2: 0.0148
• TP3: 0.0160+
⚡ Strategy
This is a momentum-based trading pattern, so timing the entry is very important. Prioritize entering near the support zone to optimize the Risk/Reward ratio and keep risk levels as low as possible.
If trading volume continues to increase, the upward momentum could accelerate rapidly. Keep a close watch on price reactions at target zones to manage the order effectively.
{spot}(TUTUSDT)