$TRUTH SHORT SETUP ... REJECTION RISK FROM 0.0164
TRUTH has extended hard into the 0.0164 resistance area after a strong run, and the move now looks vulnerable to a pullback.
Entry Zone: 0.0161–0.0164
Next Price: 0.0155
TP1: 0.0150
Final Target: 0.0140
SL: 0.0180
As long as 0.0164–0.0166 stays capped, I favor a mean-reversion move lower toward 0.0140. A clean breakout above resistance weakens the short setup.
Trade on $TRUTH
TRUTH has extended hard into the 0.0164 resistance area after a strong run, and the move now looks vulnerable to a pullback.
Entry Zone: 0.0161–0.0164
Next Price: 0.0155
TP1: 0.0150
Final Target: 0.0140
SL: 0.0180
As long as 0.0164–0.0166 stays capped, I favor a mean-reversion move lower toward 0.0140. A clean breakout above resistance weakens the short setup.
Trade on $TRUTH