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【$TRUTH Signal】Pullback to add +1H buy support
$TRUTH 4H Bollinger upper band nearly touching at 0.0150, funds rate soaring to 0.0398%, long positions' average cost significantly elevated. 1H buy order depth is 1.93, with dense orders below, selling pressure quickly absorbed. RSI on 1H is 69.59, not yet in extreme zone, MACD histogram narrows, momentum slightly waning.
🎯Direction: Long (Pending order)
⚡Entry/Pending order: 0.01450 (Recommended within the range, wait for pullback to place order)
🛑Stop loss: 0.01085
🚀Target 1: 0.01468
🚀Target 2: 0.01596
🛡️Trade management:
- If the pending order hits 0.01450 for entry, reduce position by 50% at Target 1, move stop loss to breakeven. If price falls back to entry level, automatically exit.
Current risk-reward ratio is average, but longs are crowded at this level, and shorts dare not push, making pullback safer.
Check real-time market 👇 $TRUTH
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