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【$TRU Signal】Pullback to go long, market depth reveals bottom support intentions
$TRU 1H timeframe high-level oscillation, 4H Bollinger Bands in the upper half. The market is rapidly canceling orders, but there are very thick orders below 0.00938, fully exposing the capital support intention. Negative fee rate of -0.54% continues to exert pressure, but the price has not collapsed; the potential space for short squeeze is worth noting.
🎯Direction: Pullback to go long
⚡Entry/Order placement: Within the 0.007615 - 0.009349 range, actively enter when the price pulls back near 0.0085.
🛑Stop loss: 0.006965
🚀Target 1: 0.009390
🚀Target 2: 0.009427
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move the stop loss to breakeven. If the price falls back into the entry zone, automatically exit to protect capital.
The 4H MACD is still expanding, but the 1H histogram is beginning to contract, indicating weakening short-term momentum. Open interest remains stable, with no signs of panic selling. In this negative fee environment, the price holding at high levels already shows strong bullish support. Market depth shows buy orders far outnumber sell orders; once funds ignite, upward sweeping resistance is minimal. The risk-reward ratio isn't perfect, but the position is clear, with dense support below.
Check real-time market 👇 $TRU
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