Tutorial (TUT) memecoin surged 27% in a single day, climbing from a low of $0.28 to a local high of $0.046 before retracing to around $0.038. The rally was driven by buyers returning below the $0.03 level after PancakeSwap recognized TUT alongside established assets, boosting the coin’s visibility. Trading volume dropped 24% to $59 million, indicating reduced market participation. Futures inflows reached $54.79 million, with Perps Buy Volume at 958 million versus 935 million in sell volume, reflecting strong speculative activity. However, the RSI remains below 50 and the Directional Momentum Index signals weakening upside momentum, with active profit-taking on the spot market threatening the recovery.
Source: Read the original article
