🔴 $TRUTH — FUTURES SHORT 📉 | Bearish Breakdown Setup
TRUTH is trading near $0.017727, down 23.46% in 24 hours. The 4H chart shows a sharp rejection from $0.023987 followed by a steep sell-off. A short setup is possible, but the current bounce could extend, so wait for confirmation.
📍 Entry Zone: $0.0180–$0.0186
🛑 Stop Loss: $0.0194
🎯 TP1: $0.0170
🎯 TP2: $0.01617
🎯 TP3: $0.0150
⚡ Leverage: 10x–20x
💰 Risk Management: Risk maximum 1% of total capital.
📊 Technical Context
• Current Price: $0.017727
• Resistance: $0.0186, then $0.01976
• Support: $0.01617, then $0.0150
• Trend: Bearish after a strong rejection from recent highs
• Volatility is high following the sharp sell-off.
⚠️ Confirmation: Short only after rejection near the entry zone, or a confirmed break below $0.01617 followed by a failed retest. If price reclaims $0.0194, avoid this setup. Don't chase after a large red candle.
Verdict: SHORT BIAS 🔴 — wait for confirmation; no blind entry.
Trade $TRUTH Here 👇
⚠️ Not financial advice. Levels are based on your screenshot and can change quickly. Verify live prices before trading.
#TRUTH #altcoins #CryptoTrading #Binance #FuturesTrading
TRUTH is trading near $0.017727, down 23.46% in 24 hours. The 4H chart shows a sharp rejection from $0.023987 followed by a steep sell-off. A short setup is possible, but the current bounce could extend, so wait for confirmation.
📍 Entry Zone: $0.0180–$0.0186
🛑 Stop Loss: $0.0194
🎯 TP1: $0.0170
🎯 TP2: $0.01617
🎯 TP3: $0.0150
⚡ Leverage: 10x–20x
💰 Risk Management: Risk maximum 1% of total capital.
📊 Technical Context
• Current Price: $0.017727
• Resistance: $0.0186, then $0.01976
• Support: $0.01617, then $0.0150
• Trend: Bearish after a strong rejection from recent highs
• Volatility is high following the sharp sell-off.
⚠️ Confirmation: Short only after rejection near the entry zone, or a confirmed break below $0.01617 followed by a failed retest. If price reclaims $0.0194, avoid this setup. Don't chase after a large red candle.
Verdict: SHORT BIAS 🔴 — wait for confirmation; no blind entry.
Trade $TRUTH Here 👇
⚠️ Not financial advice. Levels are based on your screenshot and can change quickly. Verify live prices before trading.
#TRUTH #altcoins #CryptoTrading #Binance #FuturesTrading