The 4-hour chart shows $TRUTH is currently locked in a horizontal consolidation range between $0.0140 and $0.0240.
Prior Action: The price recently executed a sharp, high-volume spike to $0.0270 on Nov 11th, which was aggressively sold off.
Support Base: The asset has found clear structural support near $0.0159, which aligns with the 4H SMA(99).
Bias: Neutral.
1-Hour Chart: High-Volume Rejection & Recovery Drift 📈
The 1-hour timeframe reveals a battle for control at the range midline.
Resistance: The price was recently rejected from the $0.0200 psychological level, forming a significant upper wick.
Momentum: Despite the rejection, the price is successfully drifting upward along the 1H SMA(7) and SMA(25), suggesting buyers are absorbing the selling pressure.
Volume: Trading volume has stabilized after the recent spike, indicating a coiling phase.
15-Minute Chart: Short-Term Bullish Triangle 🎯
The immediate price action on the 15-minute chart is constructive.
Pattern: The price is forming an ascending triangle, with a series of higher lows pushing into the $0.0185 horizontal resistance.
Support Defense: The $0.0178 level (SMA-25) is being vigorously defended.
Breakout Target: A confirmed close above $0.0185 with a volume spike would likely trigger a run toward the $0.0210 area.
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