With the huge recent down trend and $TATSU reaching a recent low of $8.6 from its all time high and still unable to break the downtrend things do not look very good for this project.
On closer inspection of transactions they have huge sell pressure from a group of mev bots and arb bots which have been pushing down the price since there cex listing. On top of...
TECHNICAL outlook
20 days downtrend , continuous rejection since ATH of 70$
Lower highs , not enough volume to sustain price
Fundamental analysis
Poor product compared to everything else that is available so no use case, Very slow bot and website.
Pointless partnership announcements with smaller or brand new companies without finishing their own...
I have been in this sell for a while but now im looking for a break and close of the 154.500 area which was daily resistance in SEP 2022 and also coincides with -27 fib retracement
if we close a candle below this we will continue to the Order block at 149.205 - 147.446 which was the initial upwards push from March 2021
Edge Of The Market
Awaiting a break of the H4 resistance then pullback to the target area between 163 - 164 with a rejection from here or a continuation to the daily resistance and 61.8 fib for a rejection
