📉 Short Alert on TRUTH/USDT! 🚨 Gravity Overcomes Hype.
🔍 What Do We See? (Educational)
The Giant Rejection Candle (The 'Pump'): The price surged violently to ≈0.019 USDT, creating an enormous wick. This indicates that initial buyers have run out and sellers (shorters or profit-takers) have entered strongly, pushing the price down immediately.
Support Break (The 'Dump'): After the rejection, the price has quickly pierced the Moving Averages (MA), including MA(7) and MA(25), and has fallen below the liquidation level (Liquidity) at 0.01307.
The MACD (Confirmation): The MACD indicator (the green line DIF crossing the red line DEA) has sharply turned into negative territory (below the zero line). This is a strong indication that the bearish momentum (short) is taking control.
🎯 The Short Opportunity.
Ideal Entry Point (Hypothesis): The short entry occurred just after the close of that enormous rejection candle or upon breaking the key liquidation support.
Key Resistance Zone: The level of 0.01307 (previously liquidation support) will now act as strong resistance. As long as the price remains below this level, the trend is strongly bearish.
Quick Lesson: In a volatile market, a vertical rise without a solid base (like the one seen here) often ends with an equally dramatic fall. Patience is your best Stop Loss!
⚠️ Disclaimer: This is not financial advice, it is an educational analysis to see how the price reacts to large movements! Do you see the same setup in other altcoins?
