$TST Trading strategy on the 1-hour timeframe based on current technical indicators and price action:
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1. TST / USDT Market Overview:
• Current Market Price: $0.0846
• Trend: Strong bullish trend with higher highs and higher lows
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2. TST / USDT Technical Analysis:
• EMA(21): $0.0777 — short-term dynamic support
• EMA(50): $0.0735 — mid-range support
• EMA(200): $0.0712 — macro-level support
• MACD: Bullish with widening histogram
• RSI(6): 81.26 — overbought zone
• Stoch RSI: 84.88 — also in overbought
Supports: $0.0777 (EMA21), $0.0735 (EMA50), $0.0712 (EMA200)
Resistances: $0.0852 (local top), $0.0863 (upper wick resistance)
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3. $TST / USDT Spot Trading Setup:
• Buy Zone: $0.0760–$0.0780 (pullback to EMA21 zone)
• TP1: $0.0850 (recent top)
• TP2: $0.0880 (measured move projection)
• TP3: $0.0930 (psychological round level)
• SL: $0.0720 (below EMA50, invalidates uptrend)
Best Course of Action:
Wait — Price is extended, entry after pullback to key support offers better risk-reward.
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4. $TST / USDT Futures Trading Setup:
• Long Entry: $0.0760–$0.0780
• TP1: $0.0850
• TP2: $0.0880
• TP3: $0.0930
• SL: $0.0720 (trend invalidation)
• Short Entry: Below $0.0720
• TP1: $0.0680
• TP2: $0.0640
• TP3: $0.0600
• SL: $0.0780 (back above key resistance)
Best Course of Action:
Long — Current trend supports continuation, but ideal entry is on a healthy retrace.
[Note: “This post does not constitute financial advice. Please evaluate all risks and make investment decisions based on your own informed judgment.”]