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TRUTH had a continuous decline a few days ago, but the bottom stabilized between May 23 and 24.
On the 25th, a large bullish candle appeared, wiping out the previous decline in just one day and breaking through several key moving averages.
At this point, the trading volume reached 12 million, more than six times the previous days, a genuine breakthrough achieved with real money.
After the surge, the trading volume suddenly shrank by 98%, and the price hovered around 0.0141. This is actually a good sign, indicating that everyone is holding coins and watching, with no one rushing to sell, and the main funds are still in.
However, there are now too many people bullish. According to the usual pattern, a direct upward push is unlikely.
Most likely, there will be a sharp downward move first, shaking out those chasing high with leverage and bullish sentiment, and at the same time filling the vacuum zone between 0.0131 and 0.0133 caused by the rapid rise.
So, at this position, do not chase the high; the risk is too high.
Buy the dip and go long‼️
We can wait for it to retrace to the 0.01310 to 0.01325 range before considering to buy in batches, with a stop-loss at 0.01295.
This plan has a high tolerance for errors and is worth patiently waiting for an opportunity.