【$TRUTH Signal】High-level oscillation awaiting pullback to go long

$TRUTH 4H Bollinger upper band at 0.0219 touched, closing with a long upper shadow, the last 1H candle's bullish ratio dropped to 0.49, indicating temporary balance between bulls and bears. RSI (4H) at 83.45 has entered the overbought zone, MACD bullish momentum histogram has been shrinking for two consecutive hours. Market depth on buy side remains advantageous at 1.47, but the funding rate of 0.0382% makes holding costs relatively high. Currently, the risk-reward ratio for chasing is average; it’s more reasonable to wait for a pullback to key support before entering again. The current price of 0.021282 exceeds the suggested entry zone upper limit of 0.021176, placing a pending order and waiting.
🎯Direction: Long (pending order on pullback)
⚡Entry/Pending order: 0.0205
🛑Stop loss: 0.013631
🚀Target 1: 0.022937
🚀Target 2: 0.026039
🛡️Trade management: Half position at Target 1, move stop loss to break-even; if price falls below the pending order price, abandon this plan and wait for new structural signals.
4H and 1H MACD are shrinking in sync, short-term upward momentum is insufficient, but stable open interest indicates bulls have not collapsed. The pending order at 0.0205 is between the 4H midline and EMA20, avoiding high-level selling pressure while utilizing dense buy orders below for support.
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