TST/USDT Market Analysis (4H Timeframe)
📊 Current Price: $0.2135 (+28.15%)
📈 24H High: $0.2520
📉 24H Low: $0.1550
📊 24H Volume: 1.63B TST
🔍 Technical Analysis:
The price recently dropped from a high of $0.5280 to a low of $0.1390, indicating a strong correction after an initial bullish pump.
The moving average (MA7) at 0.1957 suggests that the price is attempting a recovery, staying above short-term support.
Volume has slightly decreased, which indicates less aggressive buying, but still shows activity at current levels.
The MACD indicator is not visible, but the price action suggests consolidation before the next potential move.
🚀 Bullish Scenario:
If TST/USDT can break above $0.2500 resistance, it could push towards $0.2900-$0.3760 in the next impulse move.
Higher volume and positive momentum could confirm a trend reversal.
⚠️ Bearish Scenario:
Failure to hold above $0.1950 support could lead to a retest of $0.1550-$0.1390 levels.
Weak buying pressure may result in another downward move.
🔔 Conclusion:
TST/USDT is currently in a consolidation phase after a strong correction. Traders should watch for a breakout above $0.2500 for bullish continuation or a drop below $0.1950 for a bearish move. Stay cautious and manage risk accordingly.
💹 What’s your next move? Drop your thoughts in the comments! 🚀📉
