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ELIX

$TUT is consolidating after a sharp momentum move. Price is testing the MA30 area around 0.0578, making this a key decision zone.



A clean reclaim of 0.0625–0.0650 could trigger the next breakout leg. Lose 0.0550 and momentum weakens.

Entry Zone: 0.0560–0.0590

TP1: 0.0625
TP2: 0.0705
TP3: 0.0800

Stop-Loss: 0.0535

Consolidation is tightening. Watch the breakout.

#TUT #BTCBreaks77000 #GateLaunchesJapaneseStockTrading #GateBTCSpotTradingRank #2Globally
TUT-16.25%
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Mason_Lee
· 2h ago
Amazing insights🔥
Reply0
DeFiFarmer
· 21h ago
Is this MA30 support really solid? It feels like both bulls and bears are waiting around 0.0578. Are you planning to position now or wait for a breakout before entering?
Reply0
L2ForestExplorer
· 08-23 16:38
Every time I see consolidation like this, I feel the major players are preparing for a big move. If 0.0550 breaks, get out quickly—don’t hold the position. 0.0650 above is the key; only a breakout will bring profits, otherwise you’re just wasting time in the trade.
Reply0
AlphaHunter
· 08-23 16:35
The range has narrowed; let's wait for a direction.
Reply0
LazyTreasury
· 08-23 16:24
This position is neither here nor there, really tough to trade. I’ll wait for a breakout before chasing—I don’t want to get whipsawed.
Reply0
GasFeeWizard
· 08-23 16:17
The 0.056 to 0.059 entry zone is fairly clear, but I generally wait for a firm break above 0.0625 before entering. Setting the stop-loss at 0.0535 also seems reasonable, and the risk-reward ratio is decent.
Reply0
ProtocolPaladin
· 08-23 16:13
The technicals look somewhat interesting, but don’t just focus on the levels—keep an eye on the broader market’s mood too. If BTC folds first, TUT will also struggle to stay unscathed.
Reply0

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