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【$TRUTH Signal】Pullback to go long / 1H breakout after consolidation
$TRUTH After the 1H level breaks out with volume, the price moves above the upper Bollinger Band, RSI surges to 76, indicating short-term overbought conditions. The 4-hour MACD histogram continues to expand, but the buying depth around 0.01008 is very thick, exposing the capital support intention. Open interest remains stable, trading fees are normal, and there is no obvious short squeeze pressure.
🎯Direction: Pullback to go long
⚡Entry: Buy in stages within the 0.00940 - 0.00945 range
🛑Stop-loss: Below 0.00935
🚀Target 1: 0.00966
🚀Target 2: 0.00977
🛡️Trade management: - Execute strategy: After reaching Target 1, halve the position, and move the remaining stop-loss up to the entry price. If the price cannot hold above 0.00945, exit proactively.
After a spike on the 1-hour chart, active selling pressure begins to appear, which is healthy profit-taking. The 4-hour Bollinger Bands are opening upward, and the medium-term trend remains intact. The key is whether the previous resistance zone of 0.0094-0.00945 can effectively turn into support. Market data shows a solid order wall around 0.01007 below, providing a cushion for the pullback. This structure suggests that chasing high is indeed like giving away money, but waiting for a reasonable pullback level makes the risk-reward ratio much more comfortable.
Check real-time market 👇 $TRUTH
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