TUT Liquidations Reach $44M, Surpassing BTC and ETH

TUT has recorded an astonishing $44 million in liquidations over the past 24 hours, surpassing both Bitcoin (BTC) and Ethereum (ETH) in terms of liquidated value. This massive sell-off comes as TUT's price holds steady at $0.2, with its Relative Strength Index (RSI) at 84.03 indicating an overbought condition.

According to the analysis, the Moving Average Convergence Divergence (MACD) is currently in a golden cross formation at 0.04, suggesting a bullish trend above the EMA50 support level at $0.07 and the EMA200 level at $0.03.

The structure of TUT's price movement remains bullish, but the extreme momentum suggests that a healthy pullback to the 50-EMA is imminent before any further advance in this liquidation-driven move.