$TLM Strong Rejection From Peak Signals a High-Probability Short Continuation
Trade Setup: Short
Entry Zone: 0.00135 – 0.00142
TP1: 0.00125
TP2: 0.00112
TP3: 0.00098
SL: 0.00158
After a sharp parabolic rally, $TLM is showing strong rejection with consecutive bearish candles, suggesting profit-taking and fading momentum. A loss of the current support zone could trigger a deeper correction as buyers lose control and sellers gain momentum.
Trade Setup: Short
Entry Zone: 0.00135 – 0.00142
TP1: 0.00125
TP2: 0.00112
TP3: 0.00098
SL: 0.00158
After a sharp parabolic rally, $TLM is showing strong rejection with consecutive bearish candles, suggesting profit-taking and fading momentum. A loss of the current support zone could trigger a deeper correction as buyers lose control and sellers gain momentum.