$TST Trade Setup (Long Position):
Entry: $0.1902
Take Profit 1 (TP1): $0.1980
Take Profit 2 (TP2): $0.2050
Take Profit 3 (TP3): $0.2098
Stop Loss (SL): $0.1750
Analysis:
The price action on the 1-hour timeframe suggests a bullish trend, with a strong recovery from the $0.1407 low. The moving averages (MA7 and MA25) are showing an upward crossover, indicating potential bullish momentum. Additionally, the MACD is in positive territory, with green histogram bars growing, supporting further upside. With increasing volume and higher lows, the trend favors a long position with the above targets.
Setting a tight stop-loss below recent support is advised to mitigate risks.
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