📊 Trading Plan: $TLM
Long Scenario: Reclaiming and securing clean candle acceptance above 0.001775 keeps the recovery potential alive, targeting higher resistance levels.
Target 1: 0.002015
Target 2: 0.002254
Target 3: 0.002493
Short Scenario: Sustained selling pressure below 0.001775 signals further weakness, opening the door for a deeper pullback toward lower support zones.
Target 1: 0.001400 (4H)
Target 2: 0.001310
Target 3: 0.001060
Price action is currently pulling back, trading near the middle area of the Bollinger Bands as overall volatility settles after the previous rally. In the momentum window, the RSI has dropped to 47.77, dipping below its signal line; while price attempted a short-term retest of resistance, RSI made a lower high, hinting at mild negative divergence/loss of momentum in the lower timeframes. We focus on 0.001775 as our key baseline pivot level.
Do Your Own Research
Click the chart widget below to trade. 👇$TLM
Long Scenario: Reclaiming and securing clean candle acceptance above 0.001775 keeps the recovery potential alive, targeting higher resistance levels.
Target 1: 0.002015
Target 2: 0.002254
Target 3: 0.002493
Short Scenario: Sustained selling pressure below 0.001775 signals further weakness, opening the door for a deeper pullback toward lower support zones.
Target 1: 0.001400 (4H)
Target 2: 0.001310
Target 3: 0.001060
Price action is currently pulling back, trading near the middle area of the Bollinger Bands as overall volatility settles after the previous rally. In the momentum window, the RSI has dropped to 47.77, dipping below its signal line; while price attempted a short-term retest of resistance, RSI made a lower high, hinting at mild negative divergence/loss of momentum in the lower timeframes. We focus on 0.001775 as our key baseline pivot level.
Do Your Own Research
Click the chart widget below to trade. 👇$TLM