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【$TRUTH Signal】1H pullback to go long, 4H overbought zone waiting for recharging
$TRUTH RSI 4H 85.46, price has pierced the upper band of Bollinger Bands at 0.0180. 1H buying pressure remains at 0.50-0.53, funding rate at 0.0256% positive, long positions are starting to eat into short-term profits. 4H MACD bars are still expanding but 1H momentum bars are converging, short-term pullback needed.
🎯Direction: Long (pullback limit order)
⚡Entry/Limit order: 0.016200
🛑Stop loss: 0.012139
🚀Target 1: 0.018534
🚀Target 2: 0.018609
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect principal.
Based on order book data, buy/sell ratio is 1.17, support below is still acceptable, but trading volume significantly shrank after 17:00, intraday upward momentum weakened. Wait for 1H price to return near EMA20 (0.0162) before re-entering, for better risk-reward ratio.
Check real-time market 👇 $TRUTH
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