TST: 2.5x Volume Spike, But Lower Highs Keep the Bears in Control
$TST is showing buying pressure, but the structure still tells a bearish story.
My bias remains bearish on the 1H. Price continues to form lower highs, with the key resistance sitting around 0.01956. Daily and weekly structures are also bearish, keeping the downside setup aligned with the higher-timeframe trend.
The 2.5x volume spike near 0.01956 looks more like distribution/liquidity grabbing than confirmed accumulation. OI is falling while funding remains positive, and taker flow is still sell-dominant. That combination suggests longs may be getting trapped near the range high.
BTC is bullish on this timeframe, so any TST bounce is currently a counter-trend altcoin move. I want confirmation before entering — no chasing the 15M pump.
Key levels:
Supply: 0.01950–0.01965
TP1: 0.01871
TP2: 0.01854
TP3: 0.01666
Bias invalidation: 1H close above 0.01956
Preferred short trigger: Sweep of 0.01956 followed by bearish engulfing, rejection, or a 5M/15M market-structure shift.
Flow: OI $3.5M (-6.0% 24H) | Funding +0.0573% | Taker Ratio 0.58x
If 0.01956 breaks and holds, the bearish setup loses validity and I would reassess rather than force the trade.
Not financial advice. Educational analysis only.
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