What Is the Price of TUT? How to Trade TUT?
According to the market data from Gate.io, the TUT token is currently priced at $0.03883, with a 24-hour increase of 129.49%. The highest price of the TUT token reached $0.0599 within the day, with a maximum increase of nearly 300%. The TUT token is BNB The popular meme token on the chain, TUT, currently has a circulating market value of $37 million, ranking 571st in the overall market.
According to the official website of Tutorial, Tutorial is a Meme coin created by the real developers of BNB Chain. 10 months ago, the project developers recorded the first tutorial on how to issue tokens for BNB Chain. The TUT token was initially deployed on the test network and is now live on the BNB mainnet.
TUT Market Analysis
Current Market Overview
- Latest price: 0.03883 USDT
- 24h Change: 129.49%
- 24-hour highest price: 0.05300 USDT
- 24-hour lowest price: 0.01574 USDT
- 24-hour trading volume: 5,534,319,811 TUT
- Position: 281,858,464 USDT
Support and resistance levels
- Support Level: 0.02268 USDT
- Resistance level: 0.05591 USDT
Technical Analysis
- Bearish signal: RSI indicator shows overbought, suggesting a possible pullback in the short term.
Trading Strategy Suggestions
Strategy 1: Short-term bearish strategy
- Direction: Bearish
- Entry price: 0.03800 USDT (enter near the current price)
- Stop-loss price: 0.04050 USDT (resistance level above the current price)
- Target Price: 0.03000 USDT (near support level)
- Reason: The RSI indicator shows overbought conditions, the market may experience a pullback, combined with the outflow of funds, there may be downward pressure in the short term.
Strategy 2: Breakthrough Long Strategy
- Direction: Long
- Entry price: 0.05400 USDT (enter near the resistance level)
- Stop-loss price: 0.05200 USDT (safety margin below the resistance level)
- Target Price: 0.06000 USDT (set at psychological level)
- Reason: If the price breaks through the resistance level of 0.05591 USDT, it may trigger more buying interest, driving the price up, suitable for investors who want to chase the rise.
TUT Future Outlook
TUT, as a star meme token in the BNB Chain eco, has surged more than 20 times in the past month, demonstrating strong market performance. In the short term, technical indicators show that TUT is in an overbought state and may experience a certain pullback; in the long term, as a project created by the real developers of BNB Chain, the improvement of its community base and market attention may bring greater growth potential. If the BNB Chain eco continues to expand, TUT still has the opportunity to break through the current price range, further increasing its market value and market ranking.
