Chart Analysis: $TST
1. General trend: There is a clear downtrend, as the price dropped from 0.1370 to 0.1041 and then started to rebound slightly to 0.1205.
2. Moving averages:
Yellow average (MA 7): started to curve upwards, indicating an attempt to change the trend.
Pink average (MA 25) and white average (MA 99): are still in a bearish position, which means that the main trend is still negative.
3. Support and resistance:
Strong support at 0.1041.
Resistance at 0.1370 and then 0.1417.
4. Indicators:
There are signs of a rebound, but there is no confirmation of a complete trend reversal.
Futures trade suggestion (with stop loss and targets):
Short trade (sell) in case of support break
Entry: if the price breaks 0.1150 down
First target: 0.1100
Second target: 0.1041
Stop loss: 0.1230
Long trade (buy) in case of continuation of the rebound
Entry: if the price breaks 0.1250
First target: 0.1320
Second target: 0.1410
Stop loss: 0.1170
Note:
If you are trading futures with leverage, pay attention to risk management.
Make sure to confirm the trend using other indicators such as RSI and MACD.