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【$TRU Signal】Short squeeze continues, pullback is a buy signal
$TRU 1H timeframe shows a strong sideways consolidation after a sharp rise, with the 4H Bollinger Bands fully open and the price above the upper band. MACD shows a bullish crossover above the zero line, indicating strong bullish momentum. The rate has been smashed out, and short positions have a very high cost, which is typical fuel for a short squeeze.
🎯Direction: Long
⚡Entry/Order: 0.005044 - 0.005174
🛑Stop Loss: 0.004800
🚀Target 1: 0.006670
🚀Target 2: 0.007418
🛡️Trade Management:
- Execution Strategy: Reduce position by 50% after reaching Target 1, and move the stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.
Position size remains stable; after a sharp rally, there was no capital outflow, indicating clear support from the main players. The 1-hour RSI has pulled back from high levels to 68, providing a healthy retracement space. The order book depth shows buy orders far exceeding sell orders, with thick orders around 0.0050 below, forming a natural support cushion. In this negative fee environment, the price holding firm often indicates that the short squeeze is not over, and a pullback is an opportunity.
View real-time market 👇 $TRU
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#Gate广场四月发帖挑战 #假期持币指南 #加密市场行情震荡