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【$TRUTH Signal】1H sharp rise and fall back, waiting for a pullback to go long
$TRUTH Funding rate skyrocketed to 0.0189%, buy order depth ratio is 0.79, sell pressure is evident. The last 1H candlestick engulfs the early rally, volume of 213 million, large sell-off, bulls actively retreat. The 4H Bollinger upper band at 0.0160 shows clear resistance, MACD histogram shrinks, upward momentum slows.
🎯Direction: Long (pullback orders)
⚡Entry/Order: 0.014903
🛑Stop loss: 0.011343
🚀Target 1: 0.015791
🚀Target 2: 0.017273
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to break-even. If price falls back into entry zone, automatically exit to protect principal.
Sell pressure is present but EMA20 (1H) near 0.014903 still provides support; this is a key area for bulls and bears to contest. Current risk-reward ratio is about 1:2.5, worth targeting.
View real-time market 👇 $TRUTH
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#Gate广场五月交易分享 #TROLL两日涨超160% $BTC $ETH $SOL