【$TRU Signal】Pullback to go long / Market abnormal movement

$TRU 1H level pullback to the lower Bollinger Band, EMA20 and EMA50 form dense support in the 0.0082-0.0085 range.
Order book buy depth significantly exceeds sell depth, but large orders around 0.00874 continue to cancel, requiring caution against this "support but not attacking" tactic.
4H MACD histogram contracts, price remains in the upper half of the Bollinger Band, and the medium-term structure is intact.
In a negative interest rate environment, the price can hold steady, and the potential for short squeeze remains.

🎯Direction: Pullback to go long

⚡Entry/Order placement: Batch entries in the 0.008216 - 0.009182 range

🛑Stop loss: 0.007263

🚀Target 1: 0.010122

🚀Target 2: 0.011075

🛡️Trade management:
- Execution strategy: Reduce 50% of positions after reaching Target 1, and move stop loss to break-even.
- If the price falls back into the entry zone, automatically exit to protect capital.

Currently, 1H RSI is around 47, not oversold, but combined with signs of large order cancellations in the order book, it appears the main force is cleaning out floating positions before key support levels.
Position volume remains stable, and with a high negative interest rate of -0.2%, if the price can stabilize at support, it is very likely to trigger a quick short covering rally.
Risk-reward ratio is close to 1:2, making it worthwhile to use a smaller position size to attempt a support rebound.

Check real-time market 👇 $TRU
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#Gate上线Pre-IPOs #Gate现货衍生品双双冲进全球前三 #原油小幅上涨