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Everyone is looking at the big names, but have you seen what’s quietly happening with $TLM ?
We are sitting right on top of a major support zone here. If you look at the daily candles, it’s basically been flatlining around this 0.0016 level for a bit. Usually, this kind of sideways movement after a long drop means the sellers are finally running out of steam.
The volume is pretty low right now which is typical for a bottoming phase. I’m watching for a solid green candle to break this tight range. If we hold this floor, a quick bounce back toward 0.0018 or even 0.0020 wouldn't surprise me at all.
But honestly, if this level snaps, it’s going to get ugly fast. I'm just keeping it on the watchlist for a confirmed reversal sign before doing anything crazy.
What are you guys seeing here? Consolidation or just a slow bleed?
#GateSquareAprilPostingChallenge