$TLM is approaching a key supply zone where sellers could step back in and trigger the next leg down.
Trading Plan — Short $TLM
Entry: 0.00170 - 0.00180
SL: 0.00189
TP1: 0.00160
TP2: 0.00150
TP3: 0.00140
The recent bounce has pushed price back into a major resistance and supply area, making this a high-probability region to watch for bearish confirmation. As long as this zone continues to reject buyers, the downside structure remains intact and a deeper correction could unfold as liquidity below recent lows gets swept.
Manage your risk carefully, stick to your plan, and never chase the move.
DYOR (Do Your Own Research).
Trading Plan — Short $TLM
Entry: 0.00170 - 0.00180
SL: 0.00189
TP1: 0.00160
TP2: 0.00150
TP3: 0.00140
The recent bounce has pushed price back into a major resistance and supply area, making this a high-probability region to watch for bearish confirmation. As long as this zone continues to reject buyers, the downside structure remains intact and a deeper correction could unfold as liquidity below recent lows gets swept.
Manage your risk carefully, stick to your plan, and never chase the move.
DYOR (Do Your Own Research).