A scorching market—many brothers are trembling with empty hands, not knowing whether $TST is a black hole or an opportunity to change your life for the better this coming weekend?
Look at the electronic board: this coin is currently hovering around $0.0145, down slightly by about 1%, but the way it moves looks quite “stimulating.” Don’t get spooked by the red candles right away (FUD); instead, pay attention to how it’s clinging to the moving average lines to see the game plan of the house.
Quick technical analysis for a real-world perspective:
🔹 15-minute timeframe: Price is below the MA(20) at 0.0148 and the EMA(9) at 0.0146. This shows that short-term selling pressure is still weighing heavily, and the buyers show no sign of “bouncing back” immediately.
🔹 1-hour timeframe: The situation isn’t any better—both MA(20) at 0.0150 and EMA(9) at 0.0148 are acting like stubborn resistance walls.
My current strategy is not to rush to “catch a falling knife.” If it breaks the 0.0140 level, there’s a high chance of a deeper dump to sweep liquidity. On the other hand, if it tightly accumulates in this zone and there’s a strong wick candle, that’s when we can start considering entering.
My setup for this trade is as follows:
🎯 Position: LONG (only if there’s a clear reversal signal at the support area).
🎯 Entry: Accumulate around 0.0138 - 0.0140.
🎯 Take Profit (TP): Take profit around 0.0148 and 0.0152 (where the MA lines converge).
🎯 Stop Loss (SL): Place a tight stop at 0.0135 (if that level breaks, the short-term uptrend is completely broken).
What do you think, brothers—does the bulls’ side have enough strength to push the price through the curse of these EMA lines, or are we preparing to welcome an iconic DUMP?
#Trading #Crypto #Binance
Note: This is my personal viewpoint, not investment advice. Trading always comes with risk (DYOR).
Look at the electronic board: this coin is currently hovering around $0.0145, down slightly by about 1%, but the way it moves looks quite “stimulating.” Don’t get spooked by the red candles right away (FUD); instead, pay attention to how it’s clinging to the moving average lines to see the game plan of the house.
Quick technical analysis for a real-world perspective:
🔹 15-minute timeframe: Price is below the MA(20) at 0.0148 and the EMA(9) at 0.0146. This shows that short-term selling pressure is still weighing heavily, and the buyers show no sign of “bouncing back” immediately.
🔹 1-hour timeframe: The situation isn’t any better—both MA(20) at 0.0150 and EMA(9) at 0.0148 are acting like stubborn resistance walls.
My current strategy is not to rush to “catch a falling knife.” If it breaks the 0.0140 level, there’s a high chance of a deeper dump to sweep liquidity. On the other hand, if it tightly accumulates in this zone and there’s a strong wick candle, that’s when we can start considering entering.
My setup for this trade is as follows:
🎯 Position: LONG (only if there’s a clear reversal signal at the support area).
🎯 Entry: Accumulate around 0.0138 - 0.0140.
🎯 Take Profit (TP): Take profit around 0.0148 and 0.0152 (where the MA lines converge).
🎯 Stop Loss (SL): Place a tight stop at 0.0135 (if that level breaks, the short-term uptrend is completely broken).
What do you think, brothers—does the bulls’ side have enough strength to push the price through the curse of these EMA lines, or are we preparing to welcome an iconic DUMP?
#Trading #Crypto #Binance
Note: This is my personal viewpoint, not investment advice. Trading always comes with risk (DYOR).