#TELCOIN HACK :- Looks like there was a security breach on Telcoin wallet NYSE:TEL
3 Billion #Telcoin being sent out on Polygon. Continuing to look into this stayed tuned
Price Impact: -65% down in couple of Hours
TELCOIN Hack Address: 0x35d2775e5F95596509951B140D68FC5B9185FF98
$TEL $0.001670 support tested as expected and currently holding after a dip to $0.001619. Supports to watch $0.001619, $0.001543, $0.001509, $0.001459-$0.001429, $0.001375-$0.001336. All of these levels can be used to DCA your bag.
$TEL Like most alts moving very similar to #Bitcoin, But recent progress before drop gave some strength to keep support above $0.0015. Current support at $0.001706, $0.001775 resisting. Market sentiment & #BTC remains key here.
$TEL is on 🔥🔥🔥🔥, $0.001706 resistance in effect here. $0.001619 support looking good. Last 2 4H close not so good. If current 1D closes below $0.001641 expect $0.001589-$0.001619 support to be tested.
$TEL $0.001479-$0.001459 resisted the last climb, $0.001287 key support in effect currently. Failed to follow up the bullish engulfing on last 1D close due to #Bitcoin drop. Continue watching given s/r areas.
$TEL As expected closely following #Bitcoin like most alts, Dropped to $0.001325 support with $BTC's drop. Heavy bearish on current 4H candle with only 15 mins left to close. Bearish engulfing on 1D same as $BTC current 1D following up. Breaking further below will bring $0.001287
$TEL $0.001459 support came in effect following $BTC drop, $0.001509 resisting as of now. Range of $0.001429-$0.001589 should be maintained until $BTC actually pumps considering last daily close as long as $BTC hold $19-20K areas.
$TEL at $0.001509 support, $0.001619 initial resistance from here. Key resistance at $0.001706, $0.001429 support will come in effect if broke current support. Holding above key $0.001287 key support/breakout resistance from Jan '21.
Here I provided a detailed technical analysis of Tel USD
I predict UPTREND in the Coin
Do your research
Invest on your own risk
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