$TRUTH Short Setup... Rejection Risk From 0.0164! 📉
$TRUTH has experienced a strong run, extending aggressively right into the 0.0164 resistance area. The momentum is now looking vulnerable, and a pullback from this supply zone is increasingly likely.
- Entry Zone: 0.0161 – 0.0164
- Next Price / Checkpoint: 0.0155
- TP1: 0.0150 | Final Target: 0.0140
- SL: 0.0180
As long as the 0.0164 – 0.0166 resistance band stays firmly capped, a mean-reversion move lower toward 0.0140 is favored. Note: A clean breakout and hold above resistance invalidates this short setup.
$TRUTH
$TRUTH has experienced a strong run, extending aggressively right into the 0.0164 resistance area. The momentum is now looking vulnerable, and a pullback from this supply zone is increasingly likely.
- Entry Zone: 0.0161 – 0.0164
- Next Price / Checkpoint: 0.0155
- TP1: 0.0150 | Final Target: 0.0140
- SL: 0.0180
As long as the 0.0164 – 0.0166 resistance band stays firmly capped, a mean-reversion move lower toward 0.0140 is favored. Note: A clean breakout and hold above resistance invalidates this short setup.
$TRUTH