🧪 $TST – This Range Feels Like a Trap
Price is still chopping sideways… but under the surface, things look heavy 👀
📊 What’s standing out:
24h volume is insane (999M+), yet every mini-pump comes with shrinking volume. That’s not accumulation — that’s weak demand.
💰 Capital flow tells the real story:
Perp contracts: +2.72M USDT (24h) | +2.56M USDT (7D)
→ Leveraged longs stacking in, chasing the range.
Spot: –107.5K USDT (24h)
→ Spot sellers still distributing. No real backing.
That contract vs spot divergence is a classic warning sign. Too many specs, not enough conviction.
🎯 My bias: cautious bearish
Two clean scenarios I’m watching:
1️⃣ Rejection near resistance: 0.01966 – 0.02036
Look for a pin bar, volume spike, or a strong red close.
2️⃣ Support breakdown: Below 0.01421 = downside confirmation.
🛑 Invalidation:
Short near highs → SL 0.0208 – 0.0212
🎯 First target: 0.0142
I’m not rushing — this feels like a patience trade. Ranges love to punish FOMO before choosing a direction.
Anyone still confident on the long side here?
Or are we about to see leveraged longs get tested? 😬
