The past four hours have been eventful for TRU/USDT, showcasing notable price fluctuations. The pair opened this period at $0.0285, experiencing an initial rise to $0.0300 due to a surge in buying interest driven by positive developments within the TrueFi ecosystem. However, this upward momentum faced resistance, leading to a retracement back to $0.0275 as traders took profits.From a technical standpoint, the 50-period moving average has been providing crucial support, suggesting a potential continuation of the bullish trend if this level holds. The Relative Strength Index (RSI) has hovered around the 57 mark, indicating a balanced market without extreme overbought or oversold conditions. This equilibrium hints at possible consolidation before the next significant price movement.
