Price Position and Structural State
TMFUSDT (TMF) closed at 31.38 USDT on August 28, 2026, down 0.88%. The asset now sits in a sideways structure inside its 55-day range. Current 55-day support is near 29.56 USDT, with resistance near 33.57 USDT. Price is near the middle of the range, so the market has no clear structural edge until it closes outside these levels.
Moving Averages and Trend Context
TMF is trading above the available moving averages. MA9 at 31.128 USDT stands as the first support area to watch. Long-term moving-average history is still forming, so the most reliable reads come from current price structure and shorter-term moving-average support. Once MA100 and MA200 establish, the trend read will carry more historical context.
Trading Friction and Price Efficiency
TMF shows high trading friction, with a 3-day friction score of 29.1. The score combines price progress, wick rejection, and volume confirmation. Recent candles show contested movement, with weak price progress or heavier wick rejection. In this condition, moves near support or resistance carry less weight until price closes more cleanly.
Open Interest, Funding, and Positioning
Open interest fell -5.02% in one day but remains near the upper side of its 180-day range. This shows leverage is still elevated, even though some positions were reduced.
Funding is positive on the 24-hour average at +0.004114%, while the 7-day average is -0.008982%. This shows fresh long-side cost pressure rather than a sustained build across the week.
The long/short ratio is 1.84, showing more long accounts than short accounts. It sits near the middle of its 60-day range, so this is a long tilt without clear historical crowding.
Correlation, Beta, and Index Relationship
TMF shows weak linkage to the broader crypto market (Sigloid Index). Correlation is limited, and R² indicates that index behavior explains only a small portion of its movement. This suggests price action is largely driven by asset-specific factors rather than broader market direction.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.299 | 0.17 | 0.09 | Weak linkage |
| 60D | — | — | — | Not enough data |
| 180D | — | — | — | Not enough data |
Momentum, Volatility, and Indicator Pressure
TMF's volatility profile is controlled rather than stretched. ATR% reads 2.80, close to the bottom of its full historical range. Bollinger Band width% reads 6.89, near the middle of its full historical range. 20-day Volume Z-score is -0.93. Range expansion is not leading the setup right now.
Momentum data is limited for this asset, so indicator pressure cannot be judged cleanly from the available closed-daily readings.
The read is incomplete, so support, resistance, and the daily close matter more than the indicator setup.
Broader Market Regime
The Sigloid Index remains in a bullish regime, showing broad strength across the market. TMF has a weak link to that market condition, so price behavior depends more on its own structure than on the broader market trend.
Key Levels for the Next State Change
For TMF, the next structural shift depends on range boundaries. A daily close above 55-day resistance at unavailable establishes a bullish regime, while a daily close below 55-day support at unavailable confirms a bearish regime.