$T holds $0.0050 this week or I’m wrong.
Trading at $0.005020 after a nasty 4h slide of 8.7%. The bounce setup is there, but the tape needs proof.
RSI is 56, price is still above the 20D and 50D MAs, and shorts are paying 0.094% funding. That’s bullish fuel, not a signal by itself. Volume is only 0.2x the 20D average though. Thin move. ⚠️
I’d stay sidelined below $0.0050 and get interested only if $T reclaims it with real volume. $BTC can drag everything lower, but T is showing relative structure here. 📈
$4.22M traded today. I’m planting the flag: $0.0050 holds.
Does $T defend that level or lose it first? 👀
#T #Binance
Trading at $0.005020 after a nasty 4h slide of 8.7%. The bounce setup is there, but the tape needs proof.
RSI is 56, price is still above the 20D and 50D MAs, and shorts are paying 0.094% funding. That’s bullish fuel, not a signal by itself. Volume is only 0.2x the 20D average though. Thin move. ⚠️
I’d stay sidelined below $0.0050 and get interested only if $T reclaims it with real volume. $BTC can drag everything lower, but T is showing relative structure here. 📈
$4.22M traded today. I’m planting the flag: $0.0050 holds.
Does $T defend that level or lose it first? 👀
#T #Binance