$TRU /USDT – Short-Term Technical Read (15m)
Price is around 0.0086 after repeated rejections near 0.0089–0.0090 and a slow bleed back into support. This is range compression with bearish pressure, not a breakout.
What just happened
TRU made multiple attempts to push 0.0089, each time getting sold aggressively. After the last rejection, price drifted lower and is now sitting on the lower edge of the range.
Market structure
Clear range high at 0.0089–0.0090
Gradual lower highs
Price now pressing range support
Structure is range-bound but weakening, with sellers controlling the highs.
Moving averages
Price is below MA(7), MA(25, and MA(99)
All MAs are flat to slightly down, showing loss of momentum
This MA alignment favors downside or continued chop, not upside expansion.
Support & demand
0.0086–0.00855 → current demand / range floor (critical)
0.00845–0.00840 → breakdown zone
Acceptance below 0.00855 likely triggers a continuation lower.
Resistance & supply
0.00875–0.00880 → first resistance (MA cluster)
0.0089–0.0090 → major supply / range ceiling
Only a clean reclaim and hold above 0.0089 changes the structure.
Volume insight Volume spikes appear on down candles, while upside attempts lack follow-through. This suggests distribution at highs, not accumulation.
Scenarios
Bearish continuation (slightly favored): Lose 0.00855 → slide toward 0.0084
Range bounce: Hold 0.00855–0.0086 → bounce back to 0.00875, likely rejection
Bullish only if: Break & hold 0.0090 with volume → range expansion
Bias Short-term neutral to bearish. TRU is weak relative to many charts you shared. Until 0.0089 is reclaimed, upside attempts are likely sold, and 0.00855 remains the key line to watch.
If you want, I can:
Rank TRU vs LQTY vs COOKIE vs BMT (strength & weakness)
Build a clear scalp plan (range highs/lows)
Map a 1H breakdown vs fake-break scenario
Just tell me.
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