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【$TRUTH Signal】Waiting for a pullback to buy | 1H short squeeze release + 4H long support
$TRUTH RSI 1H 58.15, MACD death cross histogram negative value expanding, selling pressure persists. 4H Bollinger middle band 0.0110, buy order depth 1.94 times, funding rate 0.0464% relatively high, short squeeze risk not eliminated. Current price 0.01322 slightly above the suggested range upper boundary, waiting for a pullback near 0.0131 for entry.
🎯Direction: Long (place order)
⚡Entry/Order: 0.0131
🛑Stop loss: 0.010547
🚀Target 1: 0.013475
🚀Target 2: 0.014451
🛡️Trade management: - Execute strategy: reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect capital.
Depth logic: 4H bullish structure not broken, 1H decline accompanied by stable open interest, a pullback retracement is a reasonable play. High funding rate indicates crowded shorts, which could accelerate upon rebound. Risk-reward ratio is average, but entry is close to support, with clear stop loss.
View real-time market 👇 $TRUTH
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