Bitcoin Briefly Surges Above $93,000 as Buyers Test New Range
- Price Breakout: Bitcoin briefly surged above $93,000, indicating strong short-term momentum despite fragile overall market sentiment, which may attract more buyers into the market.
- Support Level Analysis: The current price stabilizes around $92,500 to $92,600, suggesting profit-taking rather than panic selling, and maintaining above $90,000 would help sustain bullish pressure.
- Market Participation: Significant volume increase during the breakout phase indicates that the price rise was supported by active participation rather than thin liquidity, providing confidence for future price movements.
- Technical Signals: Although Bitcoin faced resistance near $93,000, the overall structure remains constructive, and if it can consolidate in the low $92,000 range, it will lay the groundwork for further upward movement.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for TST
Technical Sentiment Analysis for Test (TST) As of , Test (TST) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TST stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, TST is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Test (TST) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00431 | 0.00647 | 0.0087 | 0.0109 | 0.0131 | 0.0153 | 0.0175 |
| Fibonacci | 0.00647 | 0.00815 | 0.00919 | 0.0109 | 0.0125 | 0.0136 | 0.0153 |
About TST
About the author
