$TST
TST/USDT Chart Analysis & Trading Recommendation
🔥 1. Market Trend & Sentiment
Current Price: $0.1473
24h Change: -37.98% (Strong Downtrend)
24h High: $0.2414
24h Low: $0.1407
🔥 Volume: High trading activity but bearish sentiment
2. Key Levels
Resistance Levels:
$0.2051 (First Major Resistance)
$0.2907 (Strong Resistance)
$0.3763 - $0.5280 (Historical Resistance Zone)
🔥 Support Levels:
$0.1407 (Recent Low & Immediate Support)
$0.1390 (Lowest Wick)
🔥 3. Trading Strategy & Position Suggestion
The chart shows a strong bearish trend, with price breaking key supports and continuously making lower highs.
Moving Averages (MA5 & MA8) are sloping downward, confirming bearish pressure.
Price is hovering near support but shows no strong bullish reversal signals yet.
🎯 Final Recommendation: Take a SHORT Position
Entry Price: $0.1473 - $0.1500
Stop-Loss: Above $0.1619 (MA8 Level)
Take-Profit Targets:
First Target: $0.1407 (Immediate Support)
Second Target: $0.1390 (Stronger Support)
✅ Justification for Short:
Strong downtrend with no reversal signals.
MA resistance confirms downward pressure.
High volatility with lower highs indicates further downside.
✅ Conclusion
Go SHORT from $0.1473 - $0.1500, aiming for a drop to $0.1407 or lower. Keep a tight stop-loss above $0.1619 to minimize risk.
⚠️ Disclaimer !
This is just educational purpose only always take final decision base on your own research because crypto market is inherited risky & highly Volatile .