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【$TRUTH Signal】Pullback to go long – 4H trend not broken
$TRUTH Deep selling pressure 0.76, RSI 4H 92.14, funding rate 0.0295% slightly high. 4H MACD bars continue to widen, bullish momentum remains. 1H RSI has fallen from 92 to 70, overbought condition easing. In the short term, sellers are dominant, and the price may retest lower. There are orders around 0.02321, current price at 0.02333 slightly above this. Waiting for a slight pullback to enter, risk-reward ratio is not ideal, but the trend is upward, just set a stop loss.
🎯Direction: Long (buy on pullback)
⚡Entry/Order: 0.02321
🛑Stop Loss: 0.01403
🚀Target 1: 0.02425
🚀Target 2: 0.02765
🛡️Trade management: After reaching Target 1, reduce position by 50%, and move stop loss to break-even. If the price falls back to the entry level, automatically exit.
(Depth logic: OI stable, balanced buying and selling forces. Funding rate 0.0295% is normal but slightly high, not overheated. 4H Bollinger Band upper band at 0.0234 forms short-term resistance, breaking through opens space. 1H MACD bars are shrinking, caution needed for a second volume increase. Deep selling pressure -13.87% indicates overhead selling, and after confirming support on pullback, bulls are safer. Overall idea: mainly buy low, avoid chasing highs.)
Check real-time market 👇 $TRUTH
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