🚨 Watch out for $TST /USDT! 🚨
This pair is showing us a super interesting scenario. Notice that the price has already made a "Change of Character (ChoCh)", which is an early signal that the market direction might be changing. We see it right now at $0.0404 and it just touched a "Weak Low" zone, which means that the support there is fragile.
The key resistance is between $0.0418 and $0.0422. If the price fails to break and consolidate above that level, bearish pressure could increase significantly!
From the looks of it, the trade here smells like a short, looking for a retest and possible break of the "Weak Low". The next target down would be around $0.0376, and we could even see it looking for lower levels if the bearish momentum remains. It's a key area to look for liquidity.
Be careful with manipulation if we see strange wicks or volume that doesn't add up! If it rises again and fails to break the resistance, it's a confirmation to look for that short.
Patience for those waiting for the right moment!
