$TRUTH currently trading at $0.019515, showing an impressive growth of +18% over the last 24 hours. It is one of the leaders among altcoins on Binance, where trading volumes have significantly increased, reflecting the growing interest of traders.
Technical analysis:
On the daily timeframe, the price confidently broke out of a local consolidation, piercing through resistance around $0.017. RSI (14) at 50.14 — neutral zone, with no signs of overbought conditions, leaving room for further momentum. Volumes confirm the bullish trend: accumulation on the decline and a sharp spike upon breakout. If we hold above $0.019, the next key level is $0.022–$0.025 (previous highs). Support in the $0.018–$0.0175 zone.
Prospects:
In a bullish scenario (continuation of the current momentum and a positive market), a rise to $0.025–$0.03 is possible in the coming weeks. Bearish: a pullback on profit-taking with a test of $0.017, if BTC corrects.
Trading Plan:
• Bullish: Entry at current $TRUTH $0.0195 or a bounce from $0.019. TP1: $0.022 (partially), TP2: $0.025. SL: 3–4% below entry (~$0.0188–$0.0189, rounded).
• Bearish (short): Entry on loss $TRUTH $0.0185. TP: $0.017–$0.016. SL: 3% above (~$0.019).
Risk a small % of the deposit (1–2%), move SL to breakeven at +5–7%.
What do you think? Share your forecasts in the comments! 👇
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