$TLM woke up after being quiet for a long time. It pushed up strongly from around $0.00136 to a high of $0.001600 and is now sitting at $0.001486 after a small pullback.
The chart is showing a clear rising structure. Price is currently testing the middle of the range. As long as it holds above the lower red support line, the bullish side stays in control and another push higher toward the upper green area is possible. If it breaks below that red support, the structure fails and we could see a deeper drop.
Volume came in strongly during the upward move which is what started this whole run. It’s cooled off a bit during the pullback, which is normal. If volume picks up again while price holds the support, the next leg up can start. If volume stays low and price loses the red line, the upside momentum will likely fade.
24h low: $0.001364
24h high: $0.001600
24h Volume Traded: 1.84M USDT
24h Change: +8.31%
Spot only. DYOR, not financial advice.
The chart is showing a clear rising structure. Price is currently testing the middle of the range. As long as it holds above the lower red support line, the bullish side stays in control and another push higher toward the upper green area is possible. If it breaks below that red support, the structure fails and we could see a deeper drop.
Volume came in strongly during the upward move which is what started this whole run. It’s cooled off a bit during the pullback, which is normal. If volume picks up again while price holds the support, the next leg up can start. If volume stays low and price loses the red line, the upside momentum will likely fade.
24h low: $0.001364
24h high: $0.001600
24h Volume Traded: 1.84M USDT
24h Change: +8.31%
Spot only. DYOR, not financial advice.
