$TLM USDT Bearish Pullback After Sharp Pump

TLMUSDT Bearish Pullback After Sharp Pump

The chart shows a strong impulsive pump followed by rejection near resistance, suggesting a potential short-term pullback after the overextended move.

Trade Setup (Short):

Entry Range: 0.00198 – 0.00202

Targets:

Target 1: 0.00192

Target 2: 0.00186

Target 3: 0.00180

Stop Loss (SL):

0.00215

Key Levels:

Resistance: 0.00210 – 0.00215

Support: 0.00190 – 0.00185

Market Outlook:

After a parabolic spike with long upper wick, momentum looks exhausted. If price fails to reclaim 0.00210, a cool-downThe chart shows a strong impulsive pump followed by rejection near resistance, suggesting a potential short-term pullback after the overextended move.

Trade Setup (Short):

Entry Range: 0.00198 – 0.00202

Targets:

Target 1: 0.00192

Target 2: 0.00186

Target 3: 0.00180

Stop Loss (SL):

0.00215

Key Levels:

Resistance: 0.00210 – 0.00215

Support: 0.00190 – 0.00185

Market Outlook:

After a parabolic spike with long upper wick, momentum looks exhausted. If price fails to reclaim 0.00210, a cool-down#PCEMarketWatch #BinanceTGEUP #