$TCOM is displaying a classic consolidation and retest pattern on the 1-hour chart following an aggressive liquidity grab up to 0.0094285. After printing that sharp spike, the price retraced slightly to absorb sellers and is now carving out a firm support structure around the 0.0091406 level. The underlying trend remains strongly bullish, characterized by a well-defined sequence of higher lows starting from the 0.0088280 base. If the buyers can hold this current support zone, a breakout past the immediate overhead resistance will clear the path for a sustained upward rally.
Target 1: 0.0096500
Target 2: 0.0105000
Target 3: 0.0118000
TCOM
Alpha
0.008748
-1.27%