💲TRUTHUSDT: Short/Long Analysis
The chart shows an extreme parabolic pump on the TRUTHUSDT Perpetual contract, driven by massive volume (over $314M).
♎Pump Size: Price surged from $0.008676 to a high of **$0.023745** (over 170% gain).
⚠️Warning Sign: The latest candle has a long upper wick, indicating strong selling pressure entered the market right at the peak.
🎚️Key Level: $0.020 is the immediate support. A break below this level could trigger a rapid and significant correction.
This is a High-Risk/High-Reward trade. Extreme caution is advised due to the likelihood of a massive correction following such a sharp move.
✅If the 1H candle close above or below the long wick DOJI candle then the trade will go that way. Long /Short
TRUTHUSDT
Perp
0.022286
+94.87%
BTCUSDT
Perp
90,158
-2.63%