$TRU
🔴 $TRU just saw 5.1x selling volume, smart money exiting? - The price is very likely to FALL further, especially if 0.0051 is lost with conviction. This move is likely distribution by smart money, given the volume and sharp downside. - Best short setup: Wait for a retracement up to 0.0055–0.0056 and look for bearish confirmation (such as a pin bar, bearish engulfing, or lower time frame breakdown). Entry: 0.0055–0.0056 if confirmed, take profit at 0.0052, and consider trailing to 0.0051 if momentum stays strong. Stop-loss should be placed above the most recent swing high for your entry candle. - If price breaks down through 0.0051 and immediately bounces back above with a strong reversal sign on lower timeframes, consider a speculative long with confirmation and tight risk, targeting 0.0055 as first take profit. - If price reclaims 0.0056 and closes strong above, with momentum indicators flipping bullish, my bearish bias would be invalidated and a move towards 0.0061–0.0067 could start. - In all cases, wait for clear price action confirmation: a pin bar rejection, a strong bearish engulfing, or a 5m-15m structure break before entering. For example, after a bounce to 0.0055, if you see a bearish engulfing candle on the 15m timeframe, that could be your entry trigger; if price wicks below 0.0051 and reclaims it with a reversal pattern, look for a possible bounce. 📝 This is not investment advice, just an educational report to help guide your decision making. Trade carefully around volume anomalies and always wait for clear confirmations! 📊 Get detailed free analysis of any coin on any timeframe you want. Try Finora AI - Your Trade Buddy for free →
