$TST Signal】1H/4H double overbought, high-level short position betting on a pullback


$TST RSI 1H surged to 89.68, 4H reached 92.28, Bollinger Band upper band 0.0291 has been pierced. Deep negative value -9.3%, selling pressure continues to accumulate, buying willingness to follow the rise weakens.
🎯Direction: Short (place order)
⚡Entry/Order: 0.0298 – 0.0302 (if 1H forms a long upper shadow or a top pattern)
🛑Stop loss: 0.0315
🚀Target 1: 0.0275
🚀Target 2: 0.0248
🛡️Trade management: - After trigger, observe the 15-minute K-line; if it quickly falls back below 0.0290, add to short position. Reduce position by 50% at Target 1, move stop loss down to entry price.
Current price deviates more than 40% from EMA20_1h, chasing longs offers a poor risk-reward ratio. Funding rate 0.0031% is not extreme, but open interest remains stable, indicating concentrated long positions. A break below could trigger a chain of liquidations.
View real-time market 👇 $TST
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