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$TLM continues to trade under sustained bearish pressure, with sellers maintaining control of the broader trend.
Recent price action shows consolidation forming below resistance rather than a convincing recovery, which often favors continuation in the direction of the prevailing trend if support gives way.
Trade Idea: Short
📍 Entry Zone: 0.001307 – 0.001324
🛑 Stop Loss: 0.001383
🎯 TP1: 0.001270
🎯 TP2: 0.001230
🎯 TP3: 0.001187
Risk management remains key after a prolonged move.
Rather than chasing price, wait for confirmation that sellers continue defending resistance before entering. If the trade moves in your favor, consider reducing risk by moving your stop to breakeven after the first target or once momentum is clearly established.
A strong move above the resistance zone would weaken the bearish outlook and suggest that buyers are beginning to regain control.
⚠️ This is market analysis, not financial advice. Always manage your risk carefully.
#TLM #Crypto #Trading #TechnicalAnalysis #SummerCreationCamp