Current Price: $0.04049
24h Price Change: -30.76% – A significant drop indicating high volatility or a strong sell-off.
24h High / Low: $0.05895 / $0.03456 – A very wide range, showing extreme intraday price movement.
Volume:
$TST : 600.72M
USDT: 25.94M
This confirms high trading activity, which may have been driven by panic selling or rapid scalping behavior.
📊 Chart Indicators
Timeframe: 15m candles – useful for short-term trades or scalping.
Bollinger Bands:
Upper Band: 0.06848
Middle Band: 0.05186
Lower Band: 0.03524
Price has sharply deviated below the middle and lower bands, which typically suggests oversold conditions.
Parabolic SAR:
Currently above price (0.04972), signaling a continuing downtrend.
🔻 Support & Resistance
Immediate Support: $0.03456 (recent low)
Immediate Resistance: Around $0.049–$0.051 (SAR and prior support level)
If it breaks below $0.03456 again, the next drop could be brutal as there’s likely a liquidity gap below.
📈 Order Book Snapshot
Buy (Bid) Side Dominance: 70.36%
Sell (Ask) Side: 29.64%
Despite the drop, buyers are lining up, indicating potential for a short-term bounce or bargain buying.
buy and trade here $TST
🧠 Sentiment & Takeaways
1. Panic Selling: The massive red candle and steep decline (-30% in a day) suggest fear-driven selling.
2. Potential Dead Cat Bounce: With strong buy orders and oversold indicators, a short-term rebound is plausible.
3. Caution Zone: Despite order book support, trend indicators are still bearish.
buy and trade here $TST
📌 Strategy Tips
Short-term traders: Look for bounce plays above $0.035 with a tight stop-loss.
Long-term holders: Wait for consolidation above $0.045 before considering re-entry.
Risk management: Use stop-loss orders aggressively here — this is not a market to "hope and hold."