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That surge a moment ago was crucial. $TRUTH isn’t a normal rebound—it started moving up after sweeping out the panic. When the price was offering chances around 0.010718, many people saw the wick and ran, and even thought it would keep getting dumped. But I was watching to see whether it would quickly reclaim after the sweep.
The outcome is clear: the price is now at 0.011797. This long position is up +485.16%, and the room for volatility has opened. The most comfortable part is that after the market flushes out the hesitant, it actually moves more lightly.
In this kind of market, you can’t just look at the scary instant—you have to see how the following capital steps in. When the recovery is fast, the support is strong, and then it breaks the key level again, those moves together clearly change the structure.
Here, I’ll take profit on 70 first; the remaining 30 will be kept with a protection level for further observation. After being in profit, you have to be even more disciplined. If your position size is heavy, don’t stubbornly hold through a drawdown, and don’t add recklessly just because it’s pumping. For those who missed the area around 0.010718, don’t chase at 0.011797—wait for a more comfortable spot.
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