#TST๐๐๐ $TST
๐ TST/USDC Price Analysis (4H Chart)
๐ป Current Price: $0.04130 (-4.33%)
๐ Timeframe: 4-hour candles
๐ Date: June 4, 2025
๐จ Key Observations:
1. Downtrend Continues:
After peaking at $0.05996, TST saw a sharp decline to $0.03446. Though thereโs been a small bounce, the price is struggling to break the MA(25) resistance around $0.04166.
2. Moving Averages Bearish:
MA(7): $0.04204
MA(25): $0.04166
MA(99): $0.05460
All key MAs are trending downward, suggesting continued bearish sentiment.
3. RSI at 35:
The RSI is at 35.23, showing weak momentum and no strong reversal signal yet. If it drops below 30, TST may enter oversold territory.
4. Volume Spike During Dump:
Highest recent volume coincided with the large red candleโsuggesting panic selling. Current volume is significantly lower, reflecting weak buying pressure.
๐ Support & Resistance Levels:
Support: $0.03446
Immediate Resistance: $0.04166 (MA25), then $0.04356 (24h high)
๐ง Conclusion:
TST is consolidating after a massive drop. Unless bulls push the price above the MA25 and maintain it, downside risks remain. RSI near 35 shows caution, not yet a buy signal.
๐ Watch closely: If volume returns and RSI rises above 40, a small recovery could begin. But for now, trend remains bearish.
๐ฌ Do you think TST can bounce back or will it break support again? Comment your thoughts!