$TRUTH When it fell below the 0.0143 support level this morning, I saw a trading volume of 7.7 million, which is nearly 40% less than the previous rally, and on-chain data confirmed that an early address dumped 2 million tokens around 0.015.


Translating into trading logic: $TRUTH The short-term narrative relying on retail investors' enthusiasm has been broken by this 15% drop. If the 0.0143 intraday low is tested again, there is almost no buy-side support to hold it, and it could directly slide to 0.012. Currently, the 0.0151 level is a typical wait-and-see zone—those unwilling to cut losses are still waiting for a rebound, but declining volume indicates bullish momentum is collapsing.
My operation: Light short positions below 0.0148, with a stop-loss set at 0.0162, and take profit first at 0.0128. If there is a rebound above 0.0155 within half an hour, it indicates short covering, and shorts should exit to break even.
Has the news been priced in? — Not yet, this sell-off is the first test of a breakdown, and it will take two to three days for consensus to form.
TRUTH-17.86%
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