$TST has lost the 0.013 level, with the current price at 0.01301.
Around key price levels, I usually look at three things:
① Close: An intraday dip below doesn’t count; it’s a true break only if the close is below 0.013.
② Retest: Can the price rebound to around 0.013 and reclaim it? If it can’t, support has turned into resistance.
③ Volume: Did volume increase during the breakdown? A break on declining volume is more likely to be false.
The price is now back above the level, so the first condition hasn’t been met yet.
Around key price levels, I usually look at three things:
① Close: An intraday dip below doesn’t count; it’s a true break only if the close is below 0.013.
② Retest: Can the price rebound to around 0.013 and reclaim it? If it can’t, support has turned into resistance.
③ Volume: Did volume increase during the breakdown? A break on declining volume is more likely to be false.
The price is now back above the level, so the first condition hasn’t been met yet.