TUT Price Prediction: Bearish Setup Targets $0.138

TUT Price Prediction: Bearish Setup Targets $0.138–$0.139

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TUT Price Prediction: Bearish Setup Targets $0.138–$0.139

Nikolaj Krastev
9 August, 2026, 22:45
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TUT Short Setup Remains Active – Targeting $0.138–$0.139 After Resistance Rejection

TUT continues to trade under clear selling pressure on the short-term chart, with price capped by a descending trendline and nearby supply zone. The current structure supports a bearish bias, with a short entry framework centered around the $0.175–$0.200 region and downside objectives toward $0.138–$0.139.

Setup Summary

Price is consolidating beneath a well-defined descending resistance line after an earlier rally. The chart highlights a sell zone in the upper part of the recent range, with the short bias remaining valid as long as price stays below this structure.

Key parameters of the setup include:

Bias: Short / Sell
Entry area: Around $0.175 – $0.200
Primary target: $0.13800 – $0.13900 or lower
Contingency: If price rallies toward $0.25, additional short positions may be considered on the approach to that level

The descending trendline continues to act as dynamic resistance, while the horizontal supply zone reinforces the overhead barrier. Repeated failures to break higher increase the probability of a downside resolution.

Technical Structure

MORPHO Price Prediction: Sellers Defend Key Resistance as Bearish Setup Targets $1.9191

The recent price action shows a series of lower highs forming under the black descending trendline. This pattern is consistent with a bearish continuation setup following the prior impulsive move. Volume behavior and the overall rejection from the highlighted purple supply area further support the view that sellers remain active.

A break below the near-term horizontal support would strengthen the case for the move toward the $0.138–$0.139 target zone. Conversely, a strong reclaim and hold above the descending trendline and the $0.200 area would weaken the short bias and require a reassessment of the structure.

Risk Considerations

The short setup remains conditional on price staying below the current resistance structure. A decisive breakout above the descending trendline and the recent swing highs would invalidate the bearish outlook. Until that occurs, the path of least resistance favors the downside while the supply zone continues to cap upside attempts.

Traders following this framework should monitor price action closely for confirmation of rejection or breakdown, and adjust positioning according to their own risk parameters. As always, this remains a technical observation and not financial advice.