The setup favors bullish continuation. $TEL is trading around $0.001608 after gaining approximately 8.1%, showing strong short-term momentum. Price is approaching the $0.00160 psychological level, making acceptance above this area important for further upside.
EP: $0.001585–$0.001615
TP1: $0.00168
TP2: $0.00176
TP3: $0.00185
SL: $0.001515
Trend strength is bullish while price holds above $0.00158. Momentum remains positive, and a sustained move above $0.00168 could pull price toward the next liquidity zones at $0.00176 and $0.00185. A loss of $0.001515 would invalidate the bullish continuation structure.
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