๐ Market Overview
Current Price: $0.1915
24H High: $0.2098
24H Low: $0.1421
24H Volume: 1.35B TST
Moving Averages:
MA (7): $0.1865 (Short-term trend)
MA (25): $0.1759 (Medium-term trend)
RSI (6): 57.91 (Neutral)
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๐ Key Technical Observations
1. Trend Analysis โ Bullish Reversal?
TST/USDT has gained +29.48% in the past 24 hours, showing a strong recovery.
The price is above both the 7-day and 25-day moving averages, suggesting short-term bullish momentum.
The earlier downtrend saw a bottom at $0.1407, followed by a strong bounce.
2. Key Support & Resistance Levels
โ Immediate Support: $0.1841 (Near MA-7)
โ Major Support: $0.1596 (Previous low)
โ Immediate Resistance: $0.2086 (24H high)
โ Major Resistance: $0.2520 (Recent peak)
A break above $0.2098 could trigger a push toward $0.2331 - $0.2520, while failure may cause a pullback to $0.1759 - $0.1596.
3. RSI Analysis โ Mid-Level Strength
RSI at 57.91 suggests a neutral marketโneither overbought nor oversold.
If RSI moves above 70, the market could become overbought, leading to a possible correction.
4. Volume Analysis โ Moderate Strength
Trading volume has increased but is not at extreme levels.
Higher volume near resistance at $0.2098 would confirm a breakout.
5. Possible Trade Setups
Bullish Case (Buy Setup) ๐
โ Buy near $0.1841 - $0.1759 for better risk management.
โ Target: $0.2086 - $0.2331
โ Stop-loss: $0.1596
Bearish Case (Sell Setup) ๐
โ If rejected at $0.2098, consi
der shorting with a target of $0.1759 - $0.1596.
โ Stop-loss: $0.2150
