TLM Price Action
$TLM

200 SMMA: The 200-period SMMA is at 0.01046, currently serving as a resistance level. The price is below this level, which indicates a bearish sentiment. A break above this level could suggest a shift towards bullish momentum.VWAP: The VWAP is positioned at 0.00892, close to the current price of 0.00880, suggesting a neutral sentiment with potential for movement based on volume changes.

2. RSI (Relative Strength Index):The RSI is at 41.11, below the midpoint, which reflects a slightly bearish sentiment. A move towards 30 would indicate oversold conditions, potentially hinting at a reversal if buying pressure strengthens.

3. MACD (Moving Average Convergence Divergence):The MACD line is slightly negative at -0.00025, below the signal line, reflecting bearish momentum. The histogram supports this trend with negative values. A crossover above the signal line could indicate a shift to bullish momentum if buying pressure builds up.

4. Support and Resistance Levels:Immediate Support: Around 0.00880 (aligned with the current price), which serves as a key short-term support level.Key Resistance: Around 0.01046 (aligned with the 200 SMMA), marking a significant resistance. A breakout above this level would likely strengthen bullish sentiment.

Bullish Scenario: If TLM/USDT breaks above the 0.01046 resistance, it could target the next level around 0.011.Bearish Scenario: Failure to hold above the 0.00880 support level may lead to further declines, with the next support likely around 0.0085.

Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consult with a professional before making any investment decisions.