$TRUTH Current price $0.01494. Short ( rebound to 0.0152 and do not pull back to go long)
Reason: 24H decline of 24.43% and touching recent historical lows, strong selling pressure, AI sector narrative gradually fading leading to a complete reversal of previous weekly gains, failing to hold key support levels; technical indicators show a bearish structure, with sellers dominating the market. Although social media sentiment is mixed, overall crypto market panic sentiment lacks momentum for a rebound. Resistance at $0.0162-$0.0178 is obvious, with support near $0.0135. The intraday downtrend remains unchanged, making short positions more advantageous.
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$TRUTH Current price $0.01494. Short ( rebound to 0.0152 and do not pull back to go long)
Reason: 24H decline of 24.43% and touching recent historical lows, strong selling pressure, AI sector narrative gradually fading leading to a complete reversal of previous weekly gains, failing to hold key support levels; technical indicators show a bearish structure, with sellers dominating the market. Although social media sentiment is mixed, overall crypto market panic sentiment lacks momentum for a rebound. Resistance at $0.0162-$0.0178 is obvious, with support near $0.0135. The intraday downtrend remains unchanged, making short positions more advantageous.