$TRUTH SHORT SETUP – BEARISH MOMENTUM
TRUTH is facing strong selling pressure after rejection near $0.0240. The 4H chart shows a sharp pullback, with price now around $0.01723. Further downside is possible if support fails.
Entry Zone: $0.0175–$0.0182
DCA Zone: $0.0188–$0.0195
TP1: $0.0168 TP2: $0.0160 TP3: $0.0150 TP4: $0.0140 TP5: $0.0130
Stop Loss: $0.0205
Support: $0.0165–$0.0168 Resistance: $0.0185–$0.0200
A breakdown below $0.0165 could extend the correction. If price reclaims $0.0200, the short setup weakens. Wait for confirmation rather than chasing the move.
DYOR. Manage your risk carefully. Futures trading carries significant risk.
#BlackRockCryptoAssetsJump63% #EtherTook60%OfCryptoLiquidations #TradersBetOnThreeMoreFedHikes
TRUTH is facing strong selling pressure after rejection near $0.0240. The 4H chart shows a sharp pullback, with price now around $0.01723. Further downside is possible if support fails.
Entry Zone: $0.0175–$0.0182
DCA Zone: $0.0188–$0.0195
TP1: $0.0168 TP2: $0.0160 TP3: $0.0150 TP4: $0.0140 TP5: $0.0130
Stop Loss: $0.0205
Support: $0.0165–$0.0168 Resistance: $0.0185–$0.0200
A breakdown below $0.0165 could extend the correction. If price reclaims $0.0200, the short setup weakens. Wait for confirmation rather than chasing the move.
DYOR. Manage your risk carefully. Futures trading carries significant risk.
#BlackRockCryptoAssetsJump63% #EtherTook60%OfCryptoLiquidations #TradersBetOnThreeMoreFedHikes