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【$TRUTH Signal】1H pullback to buy, 4H bullish continuation
$TRUTH RSI 4h soars to 86, operating in overbought zone, but buying pressure still actively pushes. Bollinger Bands 4h widening, upper band breaks through 0.0186, and the current price stabilizes. 1H MACD bars shrink, upward momentum diminishes, short-term pullback pressure exists. Deep sell orders slightly higher, funding rate at 0.013% indicates crowded bulls, but no signs of liquidation. Waiting for a pullback to the suggested zone upper boundary near 0.018753 to set up, game continues for upward attack.
🎯Direction: Long
⚡Entry/Order: 0.018753 (suggested zone upper boundary)
🛑Stop loss: 0.012338
🚀Target 1: 0.019212
🚀Target 2: 0.021503
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move stop loss up to the entry price. If the price falls below the entry point, automatically exit to protect capital.
RSI 4h is severely overbought, but funds are still pushing the price higher. Short-term chasing high carries high risk, and the pullback-to-buying profit-loss ratio is low, but volatility is fast enough. Strict stop loss is essential for survival.
Check 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