$TRUTH ๐ (Swarm Network) is showing signs of recovery, bouncing from the $0.016 support zone and climbing around 9% to $0.0179. The 4H chart is forming a series of higher lows, suggesting buyers are gradually trying to regain control.
However, volume remains well below the levels seen during the previous rally toward $0.024. Price is also facing resistance, so a stronger wave of buying is needed to confirm the next breakout.
๐ Updated Trade Plan
EP: $0.0170 โ $0.0180
SL: $0.0155
๐ฏ TP1: $0.0200
๐ฏ TP2: $0.0225
๐ฏ TP3: $0.0240
โ ๏ธ Risk Alert: Momentum is still uncertain, and the $0.020 level remains the key hurdle. A strong 4H candle close above $0.0185, backed by increasing volume, would provide better confirmation. If price loses $0.0165, a deeper pullback toward $0.0145 could follow.
$UP
$MAT
However, volume remains well below the levels seen during the previous rally toward $0.024. Price is also facing resistance, so a stronger wave of buying is needed to confirm the next breakout.
๐ Updated Trade Plan
EP: $0.0170 โ $0.0180
SL: $0.0155
๐ฏ TP1: $0.0200
๐ฏ TP2: $0.0225
๐ฏ TP3: $0.0240
โ ๏ธ Risk Alert: Momentum is still uncertain, and the $0.020 level remains the key hurdle. A strong 4H candle close above $0.0185, backed by increasing volume, would provide better confirmation. If price loses $0.0165, a deeper pullback toward $0.0145 could follow.
$UP
$MAT