Sellers took control after the spike top — $TLM rejected hard from $0.002107 and is retracing toward $0.001517, still printing lower highs.
$TLM is showing a post-spike bearish retracement, with price down roughly 28% from $0.002107 and no confirmed reversal candle at current levels.
Trade Setup:
Entry: $0.001517 – $0.001597
Target: $0.001885 / $0.002107
Stop Loss: $0.001310
30.05M USDT volume against 18.59B TLM traded shows the bulk of volume occurred during the spike itself, leaving thinner liquidity at current levels; the last several 1h candles remain red with no basing structure confirmed yet.
Let's go and Trade now $TLM
#Write2Earn
Disclaimer: This is my personal on-chain analysis and not financial advice. Always do your own research before trading.
$TLM is showing a post-spike bearish retracement, with price down roughly 28% from $0.002107 and no confirmed reversal candle at current levels.
Trade Setup:
Entry: $0.001517 – $0.001597
Target: $0.001885 / $0.002107
Stop Loss: $0.001310
30.05M USDT volume against 18.59B TLM traded shows the bulk of volume occurred during the spike itself, leaving thinner liquidity at current levels; the last several 1h candles remain red with no basing structure confirmed yet.
Let's go and Trade now $TLM
#Write2Earn
Disclaimer: This is my personal on-chain analysis and not financial advice. Always do your own research before trading.