【$TRUTH Signal】1H pullback confirmation, sniper for secondary surge

$TRUTH After experiencing a massive rally on the 1H timeframe, the price is currently pulling back for confirmation. The current price is above the EMA20_1H (0.0104), providing initial support. The 4H chart shows a long upper shadow, indicating selling pressure above, but intraday momentum remains. Open interest is stable, funding rates are healthy, and the main players have not exited. This is a typical healthy pullback after a sharp rally, building momentum for a second upward move.

🎯Direction: Long (Long)

🎯Entry/Order: 0.01075 - 0.01085 (Reason: 1H EMA20 support zone, also the midpoint of the massive candlestick, a defensive position for bulls )

🛑Stop loss: 0.01045 (Reason: Break below 1H EMA50 and previous low, pullback failed )

🚀Target 1: 0.01150 (Reason: Previous high resistance level, also near 4H EMA50 )

🚀Target 2: 0.01220 (Reason: Intraday high, looking for a breakout to test the previous high )

🛡️Trade management:

- Position suggestion: Light position (Reason: Extremely high volatility, high-risk game )

- Execution strategy: If the price quickly surges after entry, take 50% profit at Target 1, and move the remaining stop loss to the entry price. If the price consolidates in the entry zone for more than 2 hours without a move, consider actively exiting.

Deep logic: The trading volume has exploded in the past few hours, which is a sign that the Hot Coin is starting. Although current buy depth is slightly weak (depth imbalance -21.86%), the price has not fallen sharply, indicating bulls are unable to suppress. The 1H RSI (57.23) is in a healthy zone, leaving room for further upward effort. The key is whether the price can hold around 0.0108; if it stabilizes, it signals the end of the shakeout and a test of the high again.

View real-time market 👇 $TRUTH

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