TST shows obvious overbought signals on the 1-hour and 4-hour charts, but there is an overlooked risk behind it—sharp decline in trading volume.
**Technical Analysis Status** The 15-minute RSI is at a neutral 57, but looking upward is not very promising. The 1-hour RSI skyrocketed to 76.6, and although the MACD histogram is still positive, its momentum has clearly weakened, a typical overbought characteristic. The 4-hour RSI is at 69.6, indicating the bulls are still in control but nearing overbought territory. This multi-timeframe overbought resonance often does not lead to a direct surge in price historically.
**Lack of Volume Confirmation** Current trading volume is only 15.88M, directly halved compared to previous candles. Without volume support, a breakout is like paper—appearing to rise but lacking real strength. This is the main reason I choose to stay on the sidelines.
**Key Price Level Layout** The short-term psychological threshold is at 0.02. Resistance levels above are 0.0205 and 0.021, while support levels below are 0.0196 and 0.019.
**Trading Strategy** If volume increases and breaks through 0.0205, consider a small long position to test the bulls, targeting 0.021, with a stop-loss at 0.0202. Conversely, if it falls below 0.0196, switch to a short position, targeting 0.019, with a stop-loss at 0.0199. At this position? I choose to observe quietly, waiting for the trend to be fully confirmed before acting. The combination of declining volume and multi-timeframe overbought signals makes chasing highs too risky, and the probability of hitting stop-losses is also high.
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GateUser-3824aa38
· 01-07 12:36
With such poor volume, you still dare to boast? I've seen many fake surges like this, I won't chase this time.
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NotAFinancialAdvice
· 01-06 19:44
The decline has peaked, and this fake rally isn't meaningful. Let's wait until a breakdown to discuss further.
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MEVictim
· 01-05 02:32
With such weak volume, do you still dare to chase? I think you're about to get crushed and taught a lesson.
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LeverageAddict
· 01-05 01:55
With such shrinking volume, still daring to chase? The paper gains, I choose to lie flat and observe.
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AllInAlice
· 01-05 01:47
The issue of shrinking volume indeed hides pitfalls. RSI soared to 76 but there's still no volume, so I won't chase it.
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MelonField
· 01-05 01:45
With such low volume, everyone chasing is just buying the bag holders.
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OPsychology
· 01-05 01:38
With such low volume, no matter how strong the rally is, it's all in vain. A fake market is the most deceptive.
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SleepyArbCat
· 01-05 01:33
I agree with the volume halving here; a fake breakout is indeed not worth chasing... I'll sleep for a while and wait for it to figure out the direction on its own.
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BearMarketMonk
· 01-05 01:29
With such low trading volume, this kind of rally really can't last long
TST shows obvious overbought signals on the 1-hour and 4-hour charts, but there is an overlooked risk behind it—sharp decline in trading volume.
**Technical Analysis Status**
The 15-minute RSI is at a neutral 57, but looking upward is not very promising. The 1-hour RSI skyrocketed to 76.6, and although the MACD histogram is still positive, its momentum has clearly weakened, a typical overbought characteristic. The 4-hour RSI is at 69.6, indicating the bulls are still in control but nearing overbought territory. This multi-timeframe overbought resonance often does not lead to a direct surge in price historically.
**Lack of Volume Confirmation**
Current trading volume is only 15.88M, directly halved compared to previous candles. Without volume support, a breakout is like paper—appearing to rise but lacking real strength. This is the main reason I choose to stay on the sidelines.
**Key Price Level Layout**
The short-term psychological threshold is at 0.02. Resistance levels above are 0.0205 and 0.021, while support levels below are 0.0196 and 0.019.
**Trading Strategy**
If volume increases and breaks through 0.0205, consider a small long position to test the bulls, targeting 0.021, with a stop-loss at 0.0202. Conversely, if it falls below 0.0196, switch to a short position, targeting 0.019, with a stop-loss at 0.0199. At this position? I choose to observe quietly, waiting for the trend to be fully confirmed before acting. The combination of declining volume and multi-timeframe overbought signals makes chasing highs too risky, and the probability of hitting stop-losses is also high.