Bullish momentum has hit a brick wall near the peak, and the 1H structure is flashing early warning signs of a pullback! 📉
$TST / USDT – BEARISH SETUP
Execution & Strategy:
Entry Range: 0.01675 – 0.01705
Stop Loss (SL): 0.01860
Target Alpha (TP1): 0.01600
Target Beta (TP2): 0.01530
Target Gamma (TP3): 0.01470
Technical Rationale:
- Local Top Rejection: Price failed to maintain its push above the $0.01842 resistance zone, forming a classic sharp rejection wick that traps late buyers.
- Moving Average Pressure: 1H candles are struggling right below the MA(25) [0.017001] line, confirming that upside momentum has fizzled out.
- Volume Exhaustion: Trading activity has thinned out considerably following the major price spike, leaving the door wide open for a mean-reversion drop toward the MA(99) baseline [0.015982].
Open Discussion:
Are you riding this correction down to the 0.015 support zone, or waiting for a breakout above the highs? Drop your thoughts below! 👇#CaliforniaBillWouldBarOfficialMemeCoins #SOLJumps20%OnTheWeek #WarshSaysInflationIsFedTopFocus #FedSeptRateHikeOddsRiseTo57% #TrumpSaysUSReachedVenezuelaOilDeal $TUT
$TST / USDT – BEARISH SETUP
Execution & Strategy:
Entry Range: 0.01675 – 0.01705
Stop Loss (SL): 0.01860
Target Alpha (TP1): 0.01600
Target Beta (TP2): 0.01530
Target Gamma (TP3): 0.01470
Technical Rationale:
- Local Top Rejection: Price failed to maintain its push above the $0.01842 resistance zone, forming a classic sharp rejection wick that traps late buyers.
- Moving Average Pressure: 1H candles are struggling right below the MA(25) [0.017001] line, confirming that upside momentum has fizzled out.
- Volume Exhaustion: Trading activity has thinned out considerably following the major price spike, leaving the door wide open for a mean-reversion drop toward the MA(99) baseline [0.015982].
Open Discussion:
Are you riding this correction down to the 0.015 support zone, or waiting for a breakout above the highs? Drop your thoughts below! 👇#CaliforniaBillWouldBarOfficialMemeCoins #SOLJumps20%OnTheWeek #WarshSaysInflationIsFedTopFocus #FedSeptRateHikeOddsRiseTo57% #TrumpSaysUSReachedVenezuelaOilDeal $TUT