$TRU
/USDT Technical Analysis and Trade Signals 🚀 🎯
Current Overview:
Price: 0.1224 (-2.70% in the last 24 hours)
24h High: 0.1350
24h Low: 0.1112
Bollinger Bands:
Upper Band (UP): 0.1216
Middle Band (MB): 0.1171
Lower Band (DN): 0.1127
Parabolic SAR: 0.1135
Price Action:
TRU/USDT is currently trading near the lower Bollinger Band, indicating potential for further downside or a reversal. The Parabolic SAR (0.1135) is also aligned with the support zone, which could suggest the possibility of a price bounce.
Trade Strategies and Targets
1. Bearish Continuation Scenario
Entry: If the price breaks below 0.1127 (Bollinger lower band) and closes below the SAR at 0.1135, this could signal continuation of the bearish trend.
Target 🎯 1: 0.1112 (24h low and immediate support level).
Target 🎯 2: 0.1070 (next significant support zone based on recent price action).
Target 🎯 3: 0.1000 (psychological support and longer-term potential target).
Stop Loss: 0.1165 (just above the middle Bollinger Band and recent high).
2. Bullish Reversal Scenario
Entry: If the price bounces from the support zone around 0.1127–0.1135 (Bollinger lower band and SAR), a reversal could be in play.
Target 🎯 1: 0.1171 (Middle Bollinger Band).
Target 🎯 2: 0.1216 (Upper Bollinger Band).
Target 🎯 3: 0.1240 (next resistance zone).
Stop Loss: 0.1110 (below recent support).
3. Sideways Consolidation (Range Bound)
Entry: If the price remains within the range of 0.1127 to 0.1350, consider range-bound trades.
Target 🎯 1: 0.1171 (Middle Bollinger Band as a re-test of the range).
Target 🎯 2: 0.1216 (Upper Bollinger Band, the next resistance point).
Target 🎯 3: 0.1240 (potential breakout point within the range).
Stop Loss: 0.1112 (below range support).
Summary:
Bearish Continuation: Focus on shorting below 0.1127 with targets down to 0.1000.
Bullish Reversal: Look for a bounce from 0.1127-0.1135 with targets toward 0.1216.
Range-Bound: Trade the range, buying near 0.1127 and selling near 0.1216, with stop losses at 0.1112.