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【$TRUTH Signal】Multi-cycle bullish resonance, waiting for a pullback to add positions
$TRUTH 4H BOLL (Bollinger) upper band touched at 0.0150, buy depth is 1.93, funding rate is 0.0398% and not overheated. Three consecutive bullish candles on 1H, and the MACD bullish histogram is still expanding. Current price is 0.01495, which is above the recommended entry zone of 0.01212-0.01488, so chasing higher on the short term has a poor risk-reward ratio.
🎯Direction: Long (place a limit order on a pullback)
⚡Entry: 0.01220 (low end within the recommended zone)
🛑Stop loss: 0.01085
🚀Target 1: 0.01468
🚀Target 2: 0.01596
🛡️Trade management: - Execute the strategy: after reaching Target 1, reduce the position by 50%, and move the stop loss up to 0.01220 to break even. If the price drops back to 0.01220, automatically exit to protect principal.
Depth logic: In the 4H cycle, buy pressure continues to push higher, and the MACD bullish histogram volume/energy has not weakened. On 1H, RSI is 69.59 and has not entered the overbought zone. Below, the 0.0120-0.0122 area is a previous dense chip zone; placing orders to wait for a pullback is currently a higher-probability choice. While the probability of a pullback with high RSI objectively exists, if the price refuses to pull back and instead breaks directly through 0.0152, then this plan must be abandoned.
View real-time market 👇 $TRUTH
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