#Test - $TST - General Outlook

It is a new token, the chart does not have much history but I looked at it roughly since it was requested.

The triangular area I marked seems to have been broken downwards. In fact, it is progressing by making Lower Highs (LH) and Lower Lows (LL) as Price Action and as long as it does not break the red box above, it is expected to head downwards again after each correction/pullback and make a new bottom.

If it can 4H close above 0.0747 and hold in the short term, it may rise to 0.1091 and the red box, but as I said, whether it can confirm a reversal or not can be possible with 4H closings with the candle body above the red box.

Otherwise, I expect the decline to continue towards the potential intermediate support levels I marked below.