Looking at the technical analysis of Test ($TST ), we note the following:
Technical indicators:
Relative Strength Index (RSI): It shows a reading of 42.56, indicating that the coin is still in the neutral zone, with a slight bias towards selling.
Moving Averages: It is noted that the 10-day Exponential Moving Average (EMA) is above the 10-day Simple Moving Average (SMA), which may indicate a short-term bullish trend.
MACD (Moving Average Convergence Divergence): It shows a positive crossover, as the MACD line crosses the signal line from below, which may indicate a potential bullish momentum.
Support and Resistance Levels:
Support Level: It is located at $0.1459, which is the lowest price recorded during the day.
Resistance Level: It is located at $0.2014, which is the highest price recorded during the day.
Recommendations:
Due to the high volatility of the TST price, traders are advised to monitor these indicators and levels carefully. It may be appropriate to wait for additional confirmations before making trading decisions, while taking into account strict risk management.
Technical indicators:
Relative Strength Index (RSI): It shows a reading of 42.56, indicating that the coin is still in the neutral zone, with a slight bias towards selling.
Moving Averages: It is noted that the 10-day Exponential Moving Average (EMA) is above the 10-day Simple Moving Average (SMA), which may indicate a short-term bullish trend.
MACD (Moving Average Convergence Divergence): It shows a positive crossover, as the MACD line crosses the signal line from below, which may indicate a potential bullish momentum.
Support and Resistance Levels:
Support Level: It is located at $0.1459, which is the lowest price recorded during the day.
Resistance Level: It is located at $0.2014, which is the highest price recorded during the day.
Recommendations:
Due to the high volatility of the TST price, traders are advised to monitor these indicators and levels carefully. It may be appropriate to wait for additional confirmations before making trading decisions, while taking into account strict risk management.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
TST
0.0638
+2.08%
