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【$TRU Signal】Pullback to buy / 1H level capital support
$TRU The 1H level price pulls back to the lower band of the Bollinger Bands and the EMA50 convergence area, with orders below 0.00879 far exceeding sell orders, fully exposing the capital support intent. The 4H MACD fast and slow lines remain above the zero line, and the bullish structure remains intact.
🎯Direction: Long
⚡Entry/Orders: Enter in batches within the 0.008216 - 0.009281 range
🛑Stop loss: 0.007263
🚀Target 1: 0.010122
🚀Target 2: 0.011075
🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect the principal.
Currently, the negative funding rate is as high as -0.47%, but the open interest remains stable, and the short squeeze risk is accumulating. The 1-hour RSI has fallen back from the overbought zone to around 47, providing room for another upward move. This risk-reward ratio is worth a try, with patience key at the entry point.
Check real-time market 👇 $TRU
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