1Create a free account on the Binance website or the app.
2Choose how you want to buy the TrueFi asset.
3Check the payment details and fees.
4Store or use your TrueFi in Binance.
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$TRU 🤑🤑🤑🤑🤑😲😲🔥🔥🔥🔥💯
To earn money trading TRU/USDT, you need a sound strategy based on technical analysis, risk management, and market awareness. Here's a guide based on the provided data:
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Market Overview
Current Price: $0.0622 (+0.16%).
24h High: $0.0659.
24h Low: $0.0615.
Trading Volume:
TRU: 61.72M.
USDT: $3.92M.
The price is in the middle of its daily range, indicating consolidation with slight upward momentum.
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Technical Indicators
Moving Averages (MA):
MA(7): $0.0624.
MA(25): $
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$TRU Long Liquidation Alert:
Liquidation Amount: $3,134.2 at $0.06478
Current Market: The market shows signs of selling pressure as long positions are being liquidated.
Key Points:
1. Support Levels:
$0.06400: A critical support level where buyers may step in.
$0.06250: A lower support zone if the price continues to drop.
2. Resistance Levels:
$0.06650: Near-term resistance to watch.
$0.06800: A stronger resistance that must break for upward movement.
Next Move Suggestions:
1. Buy:
Wait for the price to hold above $0.06400 and show signs of recovery.
Watch for a breakout above $0.06650 with good volume before entering.
2. Sell:
If the price breaks below $0.06400, it may fall further toward $0.06250. Consider selling to avoid losses.
Action Plan:
Wait for confirmation before trading.
Monitor Volume: Low volume means weak moves, while high volume confirms strength.
Use Stop-Loss: Protect yourself by setting a stop-loss slightly below your entry point.
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{spot}(TRUUSDT)