TUT / TetherUS
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TUT Analysis (2H)

487
From the point marked as "start" on the chart, the TUT correction has begun.

It appears to be an ABC correction, and we are currently in wave B of this ABC.

Wave B seems to be a complex correction, possibly a triangle or a diametric, and we are currently in wave c of B.

Wave c of B itself appears to be forming a symmetrical pattern.

It is expected to move toward the red box while maintaining the green zone.
The targets are indicated on the chart.

A daily candle closing below the invalidation level would invalidate this analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Ordre annulé
After hitting the entry zone, the price surged over 9%, but the candlestick formation is not favorable, and it seems the final wave has truncated. This setup is no longer valid. We are currently in the entry zone; exit this setup now❌

snapshot

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