TUT's recent trend warrants caution. The 15-minute candlestick chart clearly shows a massive upper shadow, which usually indicates heavy selling pressure at high levels. There are also obvious signs of liquidity exhaustion, with concerns about buy-side depth.



On-chain data is even more interesting — monitoring tools have detected traders gradually offloading their holdings. What does this batch selling usually imply? The distribution cycle is already in the mid to late stages.

The current question is: Is this the final phase of the harvest? Based on market signals, risk indicators are indeed accumulating. The current price is around 0.018.

For bearish traders, these signals might be worth paying attention to. But don’t forget — all trading involves risk, especially with low-liquidity tokens. Shorting is the same; set proper stop-losses and don’t bet all your funds.
TUT2,3%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
ser_we_are_ngmivip
· 01-08 15:18
Wow, with such a clear upper shadow, why not run? When the market maker is selling off in batches, we should just admit defeat.
View OriginalReply0
DevChivevip
· 01-07 09:39
Another coin that's been swept up by the whales, it's all my fault for buying in too quickly.
View OriginalReply0
RunWithRugsvip
· 01-05 21:28
Massive upper shadow + liquidity exhaustion, I've seen this combination too many times. Basically, it's telling you to run.
View OriginalReply0
BrokenDAOvip
· 01-05 15:54
I've heard the narrative of liquidity exhaustion too many times... The more cautious they sound, the harder it is to predict. What can on-chain data tell us? The "whales selling off in batches" captured by these public monitoring tools have long been watched by the entire network. Those with real information advantages simply won't let you see it.
View OriginalReply0
PerpetualLongervip
· 01-05 15:54
You're trying to cut me again, huh? The air force bunch keeps whispering about risks and stop-losses in my ear every day. So annoying. 0.018? Lower is better, I'll keep adding to my position! Isn't this just the last chance to buy the dip? Miss it and you'll regret it when the bull market comes.
View OriginalReply0
ContractCollectorvip
· 01-05 15:54
Such a strong upper shadow, yet liquidity is still drying up... feels like someone is closing the net.
View OriginalReply0
GhostChainLoyalistvip
· 01-05 15:53
A massive upper shadow with phased selling off—I've seen this trick many times. It's just another harvest feast.
View OriginalReply0
NFTragedyvip
· 01-05 15:46
It's the same old trick, we've seen this kind of staged selling many times. 0.018 is a bit aggressive for those catching the dip. With such poor liquidity, how dare you chase the short?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt