$TSM USDT pushed up nicely and tapped 375. That move looked clean, steady, almost like confidence was building step by step. But right after thatโฆ everything changed.
The rejection from the top was sharp. No warning, no slow pullback. Just a quick drop that caught late buyers off guard. Price slipped all the way down near 359 before finding some support.
Now itโs sitting around 364, trying to recover, but you can feel the hesitation.
What Iโm seeing here is simple:
The market showed strengthโฆ but also showed how quickly that strength can disappear.
That 375 zone now feels heavy. Sellers clearly stepped in there with intention. On the other side, the reaction near 359 shows buyers are still present, just more careful.
Right now, itโs not about chasing moves.
Itโs about watching how price behaves between these levels.
Because this kind of setup usually leads to something bigger.
Either a stronger comebackโฆ or another drop if momentum fades again.
For now, the market is quiet.
But it doesnโt feel done yet.
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