Red Alert with TST/USDT, folks! 🚨 This is not for the faint-hearted and smells like manipulation that pulls you back.
📉 We see TST trading at $0.04344, and watch out! A -25.46% in the day. This is a brutal correction that does not go unnoticed. The maximum in 24h was $0.05895 and the minimum was $0.03456. That lower wick is a sign of a textbook sweep!
📊 The volume in 24h is 707.79M, an outrageous amount! When the volume is so high in such a vertical drop, it is very likely that strong hands are liquidating or hunting stop-losses. Look at the 15m candle: a steep drop with impressive volume. That’s not just the market!
🚨 The moving averages MA(7) at 0.04105, MA(25) at 0.05121, and MA(99) at 0.05658 show us that we are well below them. This confirms an aggressive bearish trend in the short and medium term.
👀 If we look at the order book, the supply is at 60.60% against a 39.40% demand. This indicates that there is much more selling pressure at this moment. Buy orders are concentrated around levels close to $0.04340, but there is a significant sell wall above.
📉 In 7 days, a -30.14% and in 30 days, a -32.77%. Clearly, the trend is downward. It is essential to understand that these abrupt movements are often created to shake out retail traders and then buy at low prices. Be careful trying to catch the falling knife!
⚠️ Conclusion: TST/USDT is in "extreme risk" mode right now. Volatility is extremely high and the movements suggest strong intervention. If you're not in, patience will be key. If you are, make sure your risk management is well defined and don’t get carried away by FOMO or FUD! This could be a good zone to watch and wait for confirmation of stabilization or a trend change, but for now, caution is gold.
#CryptoCrash #Volatility #Don’tFallIntoTheTrap $DYDX $PEPE $TST