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【$TRUTH Signal】Pullback on callback + 4H Bollinger Band support
$TRUTH Buy order depth ratio is 1.99, with solid support below. 1H MACD bars return to zero, momentum temporarily stalls. The 4H Bollinger upper band at 0.0191 has not been broken, and the price is consolidating around 0.0186. Long positions should be cautious, current risk-reward ratio is not favorable.
🎯Direction: Long (Pending order)
⚡Entry / Pending order: 0.018524
🛑Stop loss: 0.012637
🚀Target 1: 0.019817
🚀Target 2: 0.022211
🛡️Trade management:
- After the pending order is filled, if the price drops below 0.0180, reassess. Upon reaching Target 1, reduce position by 50%, move stop loss to break-even.
Long logic: 4H trend is upward, buy depth supports, pullback to previous high support. But the daily RSI is overbought, short-term correction needed, so choose to place low buy orders.
View real-time market 👇 $TRUTH
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