BTC $65,196.00 ▲ 0.24% ETH $1,923.77 ▲ 0.12% USDT $0.9994 ▲ 0.00% BNB $608.14 ▲ 0.43% XRP $1.04 ▼ 0.42% SOL $77.28 ▲ 1.28% DOGE $0.0707 ▼ 0.74% SHIB $0.00000464 ▼ 0.95% PEPE $0.0000029 ▲ 0.47% BTC $65,196.00 ▲ 0.24% ETH $1,923.77 ▲ 0.12% USDT $0.9994 ▲ 0.00% BNB $608.14 ▲ 0.43% XRP $1.04 ▼ 0.42% SOL $77.28 ▲ 1.28% DOGE $0.0707 ▼ 0.74% SHIB $0.00000464 ▼ 0.95% PEPE $0.0000029 ▲ 0.47%
Piyasa Stablecoin

#TUTUSDT 1h

#TUTUSDT 1h

Tutorial / USDT MEXC:TUTUSDT

#TUTUSDT 1h
$TUT

#TUT could give us a good profit.

To take a short position, we can enter from any of the red zones after getting confirmation.

How?

Price needs to reach the zone without engulfing it.

Then, on the 1-hour timeframe, a bearish candle needs to form and engulf the last bullish candle.

Once that happens, you can enter a short position.

At 1R, move your stop loss to breakeven, and the target is the blue zone.

However, because the bullish rally is strong, this is a risky setup.

We'll keep an eye on it.

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