*$TRUTH Breakdown Continues — Sellers in Full Control 🔻*
*Short Setup (Day Trade):*
• *Sell Zone:* 0.0162 – 0.0178
• *Targets:*
→ TP1: 0.0138
→ TP2: 0.0129
→ TP3: 0.0110
• *Stop Loss:* 0.0198
• *Leverage:* 10–25x (risk 1–2
*Current Price:* 0.014799 (-21.98
*$TRUTH USDT | Perp*
*Spot Traders Note:*
Avoid entry for now — structure is weak. Safer entries are near strong support zones after clear base formation, not during active selling phases.
*Why This Short Works:*
After bouncing from 0.0086,$TRUTH failed to hold gains and faced immediate selling near 0.018–0.020. That bounce was corrective — not a trend shift.
Price continues forming lower highs, and every pump is being sold off. Volume confirms it — red candles dominate, green ones lack follow-through.
*Bearish Market Structure:*
• Price rejected at key resistance
• Sellers distributing into rallies
• No strong demand zones holding
*Support Zones:*
• 0.0135 – 0.0128 (initial reaction area)
• 0.0112 – 0.0090 (major downside zone)
*Resistance Zones:*
• 0.0162 – 0.0178 (immediate sell zone)
• 0.0195 – 0.0213 (strong rejection zone)
📌 Be patient — let price come to resistance. Don’t chase bottoms in a downtrend.
#TRUTH #CryptoSetup #PerpTrades #BearishTrend